tax shelter

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Tax Shelter

An investment selected mainly because it provides favorable tax treatment.

Notes:

The IRS watches tax shelters carefully. If an investment is made for the sole purpose of avoiding or evading taxes, you could be forced to pay tax (or even penalties).

Tax shelter

Legal methods taxpayers can use to reduce tax liabilities. An example is the use of depreciation of assets.

tax shelter

An investment that produces relatively large current deductions that can be used to offset other taxable income. Popular tax shelters include real estate projects and gas and oil drilling ventures. Also called shelter. See also abusive tax shelter.

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Tax Reform Act of 1986
Tax Reform Act of 1993
Tax refund
Tax Return
Tax Schedule
Tax schedules
tax selling

tax shelter
Tax Shield
Tax software
Tax status election
tax straddle
tax swap
Tax Table
tax umbrella

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