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Archive Home > 2009 > March > 18 > IRS: Madoff victims will get a tax break

IRS: Madoff victims will get a tax break


March 18, 2009

The Internal Revenue Service said Tuesday that it would allow victims of Bernard Madoff’s huge investment fraud to claim a tax deduction related to the bulk of their losses. The plan represents the first time the IRS has come forward with a policy on the treatment of Madoff’s....

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