Wednesday, March 14, 2018

Thousands of Investors Got Big Tax Breaks for Land-Rights Donations, IRS Finds

More than 15,000 investors have participated in certain tax deals involving charitable contributions of land rights, according to new IRS data that was given to lawmakers who are scrutinizing the practice, which is estimated to cost the government more than $1 billion in revenue annually.

from WSJ.com: US Business http://ift.tt/2HzYDSK
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