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Dernière version du 21 mai 2026 à 01:12

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Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax credits. 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 disseminated to the partners who then take the credits on their personal head back. The IRS is arguing that there's no legitimate business purpose for your partnership, rendering it the strategy fraudulent.

People hate paying fees. Tax avoidance strategies are entirely legal and ought to be taken advantage of. Tax evasion, however, is not. Make sure you know where the fine lines are.

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