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Financial Planning / Tax Strategies


Subject:  Re: re post above estate tax avoidence Date:  11/19/2009  6:05 AM
Author:  TMFPMarti Number:  107718 of 123001

+ How might it be discovered, why would the IRS even know? Do tax authorities review deed transfers?

They review all sorts of things, including letters. The one taxpayer I dealt with personally who went to jail was turned in by a PO'd ex. Coupled with the fact that people who defraud the gummint can't keep their traps shut, and I'd say the odds are pretty good they'd get caught. Look at how many people already know about this scheme, and they haven't even gotten to the public record part of it.

Thanks for the clarification of what's going on. It's evasion, and I would assume they'd go after both A & B.