
Tax Tips – Good news for gift card sellers- Watch out for audit red flags – Know the facts before you invest in municipal bonds
$225.00
Description
Abstract: This issue’s “Tax Tips” discusses IRS rulings regarding deferral of gift-card income; “red flags” that may trigger an IRS audit; and why municipal bonds touted as “tax-free” might not necessarily be so — and why, even if they are, it’s important to calculate the taxable equivalent yield to determine whether it’s a good deal.
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