Illinois legislators are trying to help state taxpayers get around limitations in the new federal tax law. But the federal government may negate the plan before it even has a chance to become law.
Authorities say the IRS and other federal agencies are taking part in what Caterpillar says is the execution of a search warrant at three of its central Illinois facilities. The number of vehicles and reports from inside Caterpillar indicate this is a multi-agency effort, including the IRS, FDIC, and The Department of Commerce-Bureau of Industry and Security.
