IRS Alert: Charitable Contribution Scams on the Rise
December 05, 2024
December 05, 2024
WASHINGTON, Dec. 5 -- The U.S. Department of the Treasury Internal Revenue Service issued the following news release on Dec. 4, 2024:
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Taxpayers beware of those promoting fraudulent schemes
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The Internal Revenue Service today warned taxpayers to avoid promoters of fraudulent tax schemes involving donations of ownership interests in closely held businesses, sometimes marketed as "Charitable LLCs."
These promotion . . .
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Taxpayers beware of those promoting fraudulent schemes
* * *
The Internal Revenue Service today warned taxpayers to avoid promoters of fraudulent tax schemes involving donations of ownership interests in closely held businesses, sometimes marketed as "Charitable LLCs."
These promotion . . .