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IRS Drops $1.9M Tax Bill Against Vegas Co. Over Stock Deal

By Jimmy Hoover ( March 24, 2016, 2:56 PM EDT) -- The IRS has agreed not to pursue $1.88 million in tax deficiencies and penalties against a Las Vegas company in connection with a 2011 stock sale executed by one of its executives, resolving the company's challenge to the bill in U.S. Tax Court in Washington, D.C., court documents show....

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