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OMB Provides Guidance on Executive Order on Regulations; Opponents File Suit

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CCH Tax Day Report President Trump’s executive order on federal regulations (commonly known as the “two-for-one” order) continues to generate questions about its effect on tax regulations (TAXDAY, 2017/02/01, W.1). IRS officials have said that the Service is reviewing the executive order (TAXDAY, 2017/02/01, I.3). Meanwhile, the Office of Management and Budget (OMB) has released […]

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