Third-party promoters routinely market trust arrangements as a means for taxpayers to avoid or defer federal income taxes. So much so, in fact, that the IRS has a designated webpage to warn taxpayers ...
AndreyPopov / Getty Images/iStockphoto In the Monopoly game of life, there is a type of trust that could take you straight to jail. Like all good scams, this trust has gone by different names over the ...
A federal district court has permanently barred a tax professional and his company from organizing, promoting, selling, or marketing tax schemes involving charitable remainder annuity trusts (CRATs).