Difference between revisions of "How Opt Your Canadian Tax Software Programs"
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Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax attributes. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually spent and a K-1 is disseminated to the partners who then go ahead and take credits for their personal revisit. The IRS is arguing that there isn't legitimate business purpose for that partnership, it's the strategy fraudulent.
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