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March 11, 2010



Nortel Judge Tells Company, IRS to Prepare for $3 Bln Tax Trial

Sept. 30 (Bloomberg) -- Nortel Networks Corp. and U.S. tax officials must prepare for a trial next month over the true size of a $3 billion tax bill the IRS sent the communications maker, the judge overseeing the company’s bankruptcy said today. Read more here

Bush pushes Congress to save tax cuts

WASHINGTON -- Boasting that the economy is strong and growing, President Bush urged Congress yesterday to save tax cuts from expiring and adopt the first spending restraints in nearly a decade on such benefit programs as Medicaid, Medicare, and student loans. Click here for more info

Crossville man to serve two years in tax filing scheme

A Crossville man will serve 24 months in prison for engaging in a fraudulent tax return scheme, the U.S. Attorney's office announced today.

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