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Justices Asked To Review IRS' $96M Cuts To Utility Payments

By Theresa Schliep ( July 18, 2023, 5:23 PM EDT) -- A group of public-sector power providers were wrongly deprived of $96 million in bond interest reimbursements that the IRS was obligated to give them under recession-era recovery legislation, the providers told the U.S. Supreme Court, urging the justices to review the agency's "bait-and-switch."...

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