|
|
|
|||||||
|
IRS Abusive Trust Information
We prepare Federal and State Tax Returns
for ALL 50 States!
|
IRS Abusive Trust Information Introduction In the last few years the Internal Revenue Service (IRS) Criminal Investigation (CID) has detected a proliferation of abusive trust tax evasion schemes. Currently, there are two prevalent fraudulent schemes being promoted: the "domestic scheme" and the "foreign scheme." The domestic scheme involves a series of trusts that are formed in the U.S., while the foreign trust scheme is formed offshore and outside the jurisdiction of the U.S. The trusts involved in the schemes, either foreign or domestic, are vertically layered with each trust distributing income to the next layer. The result of this layered distribution of income is to fraudulently reduce taxable income to nominal amounts. Although these schemes give the appearance of the separation of responsibility and control from the benefits of ownership, these schemes are in fact controlled and directed by the taxpayer. These schemes are often promoted by a network of promoters and sub-promoters that may charge $5,000 to $70,000 for their packages. This fee enables taxpayers to have trust documents prepared, to utilize foreign and domestic trustees as offered by promoters, and to use foreign bank accounts and corporations. In some instances, tax return preparer services are also made available.
TO
CONTACT
|
Professional
|
||||||
Paylesstax
Free
Free Consultation
Free
Tax Forms from 1980 to Present
Free
Tax Chat
(Non Profit) 
Don
Fitch CPA's Employment
Opportunities
Directions to
Don Fitch CPA
Call
for our assistance/help at: (877)CPA-Help
or (877)272-4357. Direct Line (760)674-1722.
Website
Contact Form
http://www.paylesstax.com/dfacontact.html
Fax
your request for our assistance/help
to:
(760) 836-0968 or (760)406-5001.
www.Paylesstax.com's Favorite
Accounting
Links
www.Paylesstax.com's Favorite Tax
Links
www.Paylesstax.com's Favorite
IRS
Links
www.Paylesstax.com's Favorite State Tax
Links
www.Paylesstax.com's Favorite Tax Publisher
& Research
Links
www.Paylesstax.com's Favorite Computer
Links
www.Paylesstax.com's Favorite
Continuing Professional Education
Links
www.Paylesstax.com's Favorite Internet
Links
www.Paylesstax.com's Favorite
Stock
Market Links
www.Paylesstax.com's Favorite
Travel
Links
