IRS Targets Monetized Installment Sales by STEVEN TOSCHER, ROBERT HORWITZ and PHILIPP BEHRENDT
Posted by Hochman Salkin Toscher Perez P.C. 
Posted on Monday, August 07, 2023
In an effort to combat tax evasion and abusive tax transactions, the Internal Revenue Service (IRS) and the U.S. Treasury Department have recently released proposed regulations targeting monetized installment sale transactions. These transactions, along with substantially similar schemes, have been classified as listed transactions—a category of reportable transactions that requires special disclosure and reporting.
