From the Tax Law Offices of David W. Klasing – California and the IRS are Targeting Taxpayers Who Claimed a Large Conservation Easement or Captive Insurance Deduction

IRVINE, Calif., Nov. 17, 2023 /PRNewswire/ — The state of California is working with the Internal Revenue Service (IRS) to target taxpayers who have claimed large conservation easement or captive insurance deductions because of concerns related to the abuse and misuse of these tax…

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