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Tax Watch: IRS proves a beneficiary of life insurance

The 8th U.S. Circuit Court of Appeals has ruled that the Internal Revenue Service is entitled to all…

The 8th U.S. Circuit Court of Appeals has ruled that the Internal Revenue Service is entitled to all of the proceeds of a particular woman's life insurance policies.

Beverly Luxton's children, the beneficiaries of her life insurance policies, filed suit against State Farm Insurance Co. in Bloomingt

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