Difference between revisions of "Smart Taxes Saving Tips"
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Revision as of 00:24, 31 October 2024
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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 consumed and a K-1 is issued to the partners who then take the credits with their personal return. The IRS is arguing that there is absolutely no legitimate business purpose for your partnership, which makes the strategy fraudulent.
Any politician who attacks small business should be thrown out on his ears, we employ over two-thirds of all Americans. Dah? Loser politician attorney in Portland, ought to know healthier. Think on the device.
