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Franklin attorney: $3 million in back taxes paid to IRS

Aretha Franklin’s estate has paid at least $3 million in back taxes to the IRS since her death in August, an attorney for the late Queen of Soul’s estate said Thursday. The estate is being audited by the IRS, which ...

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Franklin attorney: $3 million in back taxes paid to IRS

Aretha Franklin’s estate has paid at least $3 million in back taxes to the IRS since her death in August, an attorney for the late Queen of Soul’s estate said Thursday. The estate is being audited by the IRS, which ...

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SLU, feds take tax case out of court

A university and the federal government have agreed to resolve a lawsuit over taxing medical residents.

Saint Louis University sued the U.S. government last fall alleging it overpaid $24.6 million in Social Security and Medicare taxes from 1995 through March 2005.

Several other teaching medical programs have made similar claims, including Barnes-Jewish Hospital, which sued seeking a nearly $25 million refund.

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SLU, feds resolve case over taxing of medical residents

A university and the federal government have agreed to resolve a lawsuit over taxing medical residents. Saint Louis University sued the U.S. government last fall alleging it overpaid $24.6 million in Social Security and Medicare taxes from 1995 through March ...

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Restaurant chain seeks tax refund

Homemakers, rejoice! If you cook dinner for your loved ones, you just might be able to deduct the stove from your family’s taxes next year. That, claims the Missouri director of revenue, is the level of absurdity possible if the ...

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Estate trust strategy may save taxes on asset gains

Wealthy individuals who would rather give money to their children than the government may have a limited opportunity to put some assets in trusts that let them transfer wealth tax-free. Grantor-retained annuity trusts, known as GRATs, or irrevocable, intentionally defective ...

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Barnes seeks $25M tax refund

Barnes-Jewish Hospital followed Saint Louis University’s lead and sued the United States for a tax refund of nearly $25 million. The claim is for Financial Insurance Contribution Act taxes “erroneously collected from, and overpaid by,” the hospital on money it ...

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