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Financial Planning / Tax Strategies


Subject:  Re: The Pennsylvania two-step Date:  7/14/1999  3:14 PM
Author:  zorloc Number:  17312 of 127989


I won't say if the technique is technically legal, but it will probably get an immediate audit. When the SSN of your son shows that he has 4 accounts that were funded with $500 contributions (or one account with deposits of ~$2000). The computer will immediately spit your SSN to the auditors for a review. Then, when this technique is reviewed, even if legal, the rest of your return/life will probably be examined to see if there are more boarderline activities, which they might challange.

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