A strategy popularized by AQR Capital Management, the world’s largest hedge fund, to help wealthy people slash their taxes on ordinary income is facing the most concrete sign yet that US authorities are preparing to clamp down.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-28/tax-slashing-holy-grail-popularized-by-aqr-dealt-irs-warning)

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