Difference between revisions of "Offshore Accounts And Most Recent Irs Hiring Spree"

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Revision as of 16:02, 9 October 2026

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Structured Entity Tax Credit - The internal revenue service is attacking an inventive scheme involving state conservation tax credit. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually depleted and a K-1 is issued to the partners who then consider the credits on their personal site again. The IRS is arguing that there isn't a legitimate business purpose for your partnership, so that the strategy fraudulent.

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