A Henderson man pleaded guilty last week in a federal court case involving tax shelters that hid taxable income from the IRS.

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Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. Investopedia / Daniel ...

When it's time to settle with Uncle Sam, don't overlook IRS-approved tax shelters that might lower your bill to the government. A good and legal tax shelter is a way for a taxpayer to protect income ...

The IRS has been developing policies to attack a variety of tax shelters including the contingent liability shelter, in which a high-basis asset is transferred to a new corporation in exchange for ...

Inside 500 American towns where the rich shelter their money.

The IRS has won its ninth microcaptive tax shelter case in Jones v. CIR, T.C. Memo. 2025-25 (March 25, 2025). The only real wonder at this point is why taxpayers keep spending the attorney fees to ...

In response to concern that tax-exempt organizations are being used as illegal tax shelters, an Internal Revenue Service advisory committee has recommended the creation of two new offices to tackle ...

The budget reconciliation bill passed by the House last month, the “One Big Beautiful Bill Act, ” contains an unconventional provision establishing an unprecedented tax shelter designed to shift ...

The Internal Revenue Service has declared illegal a tax scheme under which charities and other tax-exempt groups helped companies avoid taxes through fraudulent charitable donations. At the same time, ...