Page 27 - Credits & Deductions in IRA_2022
P. 27
IRS will Challenge
3
The IRS will challenge the
purported tax benefits from
these types of transactions and
impose penalties.
2
1 The IRS Criminal Investigation
Division is always on the
lookout for promoters and
participants of these types of
1 schemes
2 Taxpayers should
think twice before
including
questionable
arrangements on
their tax returns.