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IRS Takes Aim At “Copyrighted” Trust Scheme

IRS Takes Aim At “Copyrighted” Trust Scheme

I hate having the first thing I hear about a fantastic scheme to be that the IRS is onto it.  That is what happened with the “copyrighted non-grantor irrevocable complex discretionary spendthrift trust” which sprinkled tax fairy dust on your assets so that...

No Authority For How To Compute Housing Investment Exit Taxes

On June 30, 2023 Judge Peter B. Krupp if the Suffolk County Superior Court in Massachusetts issued a decision that may have far reaching consequences for affordable housing throughout the country. The case was Tenants’ Development Corporation v Amtax Holdings...