Tax avoidance: Latest News, Top Stories & Analysis

VALLEY FORGE, PA — Vanguard has expanded its suite of model portfolio solutions with the launch of two new dynamic asset allocation fixed income models designed for financial advisors. The …

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IRS Issues Warning on Fraudulent “Charitable LLC” Tax Schemes

December 10, 2024December 9, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a formal warning to taxpayers regarding fraudulent tax schemes involving so-called “Charitable LLCs.” Widely marketed to high-income individuals, these abusive transactions …