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Latest revision as of 21:28, 8 September 2026


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The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually depleted and a K-1 is distributed to the partners who then take the credits on the personal revisit. The IRS is arguing that there isn't a legitimate business purpose for the partnership, so that the strategy fraudulent. Tax is really a universal guarantee. Another tax-related certainty that's virtually universal is that single people pay more tax than their married brethren.

Couples with children pay even less tax. In fact, a lot more children you have, the your tax rate.

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