Tax Shelter

When people hear the term "tax shelter" they often automatically think about illegal tax shelters. But what does it mean when someone refers to "tax shelter burnout"?

Tax shelters have long been used by taxpayers to legally lessen their taxes. The abuse of tax shelters by tax cheats, however, has increased the IRS' pursuit of them through extensive audits and vigorous litigation.

This article discusses tax shelters that had been established and sold by the accounting firm KPMG. The discussion includes the legal issues involved and shares a managerial perspective.

Tax shelters can be a tremendous help, but they can also cause a lot of trouble. Here's how to manage tax shelters.

Our everyday shelter 'home' can be our tax shelter too! If you own a house, it gives you a lot of advantage towards your tax. In IRS has made it easier than before!

President Barack Obama has announced his intentions of closing tax loopholes that allow corporations to shift their income to tax havens in order to avoid paying taxes. Read on for more details.