:: Tuesday, March 16, 2010

Home » Blogs » tax shelters

Many companies have used tax shelters known as Lease In Lease Out (LILO) and Sale In Lease Out (SILO) to claim deductions. A string of recent court decisions are being seen as a major victory for the Internal Revenue Service in its fight to outlaw the use of such tax shelter. The IRS designated LILOs [...]

Tags: , ,

Subscribe to Citizen Economists

Vote on Wikio

Bookmark & Share
 




Amateur Economists at Blogged


Copyright © 2009 Citizen Economists. All rights reserved.