Difference between revisions of "A Standing For Taxes - Part 1"
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Revision as of 23:27, 17 September 2024
snf-unj.ac.id
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Structured Entity Tax Credit - The irs is attacking an inventive scheme involving state conservation tax breaks. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually burnt up and a K-1 is disseminated to the partners who then consider the credits on the personal site again. The IRS is arguing that there's no legitimate business purpose for your partnership, can make the strategy fraudulent.
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