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Are You In Compliance With IRS Section 6050W?

Article: January 4, 2013  |  Malpractice Alerts Archived

In response to that question, you may well ask, “What is IRS Section 6050W and what does it have to do with me?” If you don’t accept credit cards, you can stop reading now. If you do accept credit card payments, you should be aware that Section 3091(a) of the Housing Assistance Tax Act of 2008 added section 6050W to the Internal Revenue Code.

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