Conservation Tax Credit Questions
I am having a meeting today with my accountant and financial adviser. The adviser is asking me to purchase Conservation Tax Credits as a way to lesson my tax bill. Personal situation as follows: Not many deductions at all, income to high for IRA / Roth / food stamps... etc.
Any advice would be great. It sounds like if we buy 50K we save 100k in taxes, almost sounds too good to be true. We are getting hammered on taxes every year 150K plus.
Thanks in advance.