Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 12:53, 30 October 2024
As the real estate market began to slide three years ago, my wife and i began to sense that we were losing our strategies. As people lose the value they always believed they had in their homes, their options in their ability to qualify for loans begin to freeze up too. The worst part for us was, individuals were in real estate business, and we were treated to our incomes to help seriously drop. We never imagined we'd have collection agencies calling, but call, they did. Your end, we needed to pick one of two options - we could file for bankruptcy, or there was to find how you can ditch all the retirement income planning we have ever done, and tap our retirement funds in some planned way. As may also guess, the latter is what we picked.
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Structured Entity Tax Credit - The internal revenue service is attacking an inventive scheme involving state conservation tax snack bars. 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 issued to the partners who then go ahead and take credits on your personal yield. The IRS is arguing that there is no legitimate business purpose for the partnership, rendering it the strategy fraudulent.
Copyright 2010 by RioneX IP Group LLC. All rights reserved. This material may be freely copied and distributed subject to inclusion of such a copyright notice, author information and all of the hyperlinks are kept unchanged.
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