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Home Building Co. Fights $23M In Tax Adjustments

By Jimmy Hoover ( February 27, 2015, 1:12 PM EST) -- A Las Vegas home building company has challenged a series of IRS determinations that sent its taxable income soaring nearly $23 million from 2008 to 2010, saying the agency arbitrarily disallowed deductions spawning from the company's jet leasing activities and "worthless" debt holdings....

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