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Senator Targets Carried Interests

By Amanda Wilson on Jun 25, 2015 in capital gain, carried interest, government, IRS, Tax, tax code, tax rate, treasury, Obama care, International

By:  Amanda Wilson Yesterday, Senator Al Franken sent a letter to the Department of Treasury taking aim at "carried interest" income.  In the letter, Senator Franken asked the IRS to revise  Form 1065 (the tax return form for partnerships) to...