Assignment of Income – Can it be Done?

Internal revenue service - income tax-Posts[singlepic id=16 w= h= float=left]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.

[pdf-embedder url=”http://www.cya4tax.com/wp-content/uploads/2016/11/Income-Assignment.pdf” title=”income-assignment”]

One thought on “Assignment of Income – Can it be Done?”

  • Hmm it looks like your blog ate my first comment (it was extremely long) so I guess I’ll just sum it up
    what I wrote and say, I’m thoroughly enjoying your
    blog. I as well am an aspiring blog writer but I’m still new to the whole thing.
    Do you have any tips for beginner blog writers? I’d definitely appreciate it.

Leave a Reply

Your email address will not be published.