Posted by on November 1, 2016 6:16 pm
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Categories: Assignment of Income Tax Issues Tax Reduction Tax Traps Uncategorized

Internal revenue service - income tax-Posts Internal revenue service - income tax-Posts An insurance agent was contracted with an insurance carrier. When he received income in his name, he paid it over to his trust, another entity. This assignment of income violates the underlying foundation of the tax system as is discussed in the US Tax Court ruling below.

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