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: Structured Settlements 4RealMom and Pop Flop With Bogus Tax Deductible Installment Exit Strategy" Says IRS
By John Darer
A recent IRS Private Letter Ruling obliterated a couple's attempt to claim a 501(c)(3) charitable exemption for a company as part of promoting a "tax deductible installment payment exit strategy" scheme, spent "less than one half of one percent of its time performing charitable activities".
Click here to access the full story as covered on The Structured Sales Authority.
Full post as published by Structured Settlements 4Real on May 19, 2008 (boomark / email).
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