Seems many banks have been giving out tax dodging advice… and lots of customers who were avoiding tax, have been handed over to the IRS. It’s hard to figure out the complexities of tax law, but people, do it properly. Don’t shove your taxes off on some weird tax advantageous system.
The IRS can still charge you tax if it suspects you weren’t investing for a proper return. And getting proper help to prepare your taxes from the likes of a decent CPA… will save you a lot of hassle.