Taxation

5 tips for successful tax preparation

Tax preparation refers to the process of gathering, organizing, and submitting the necessary documentation and information to file taxes with the government. This process can be done by an individual or through the help of a professional tax prepare…

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Abusive Tax Shelter Definition, Overview

Abusive Tax Shelter What is an Abusive Tax Shelter? An abusive Tax Shelter is an investment system through which a taxpayer tries to get tax benefits. Abusive Tax Shelter is illegal according to the IRS. This Abusive Tax Shelter tries to lower taxe…

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