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End of Year Tax Shelter Schemes Warned by IRS in Pittsburgh
The IRS cautions taxpayers about end of year investments marketed by unscrupulous promoters lacking sound business purpose promising large tax savings. District Director Thomas L. Davis warns these schemes may be abusive or fraudulent with backdated documents fake affidavits and forged records. The article lists questions investors should ask and notes nationwide and local examination and penalties under the 1982 act.
MENTIONED IN THIS ARTICLE
Pittsburgh
Internal Revenue Service
Thomas L. Davis
IRS
Western
Pennsylvania
Davis