Sales Tax Audit Survival Tips For That Glass Exchange Bombs

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Structured Entity Tax Credit - The irs 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 burned up and a K-1 transfer pricing is disseminated to the partners who then consider the credits for their personal head back. The IRS is arguing that there isn't legitimate business purpose for your partnership, it's the strategy fraudulent.

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