OrbitaxOrbitax

IRS Warns of Three Tax Traps for High-Income Filers

|Approved Changes|United States
United States

As part of its annual Dirty Dozen list of tax scams, the U.S. IRS has warned of three tax traps for high-income filers.

---

Dirty Dozen: High-income filers vulnerable to illegal tax schemes; face risk from improper art donation deductions, charitable remainder annuity trusts, monetized installment sales

IR-2024-104, April 10, 2024

WASHINGTON — As part of the Dirty Dozen campaign, the Int…

Continue Reading