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Revision as of 20:45, 9 October 2026
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The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually expended and a K-1 is issued to the partners who then go ahead and cibai take credits at their personal yield. The IRS is arguing that there's really no legitimate business purpose for your partnership, can make the strategy fraudulent. The worst part is, no is actually quite sure about how much time the involving this recession going to last.
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