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This page contains a single entry by Associate Editor published on November 8, 2010 9:27 AM.

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IRS Revokes Trust's Tax Exempt Status

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In a recent letter (LTR 201044021), the IRS revoked a trust's tax exempt status citing its lack of charitable activity and the structure that benefits the organization's insiders.

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.

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