6707A Penalties & 419 Plans Litigation

6707A Penalties & 419 Plans Litigation

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  1. Accountantexpert.Org



    CAUTION:

    IRS is attacking 419 plans, 419, 412i, 412(e)(3), Section 79,

    Captive Insurance,

    many other benefit plans, and plans having life insurance.

    Home Page
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    How to get Sued
    Lance in the Press
    More Helpful Information
    Lance is Regularly Asked for His Opinion Regarding tax matters, 419e, 412i, abusive tax shelters, IRC 6707A and Section 79 problems!

    IRS Hiring Agents in Abusive Transactions Group

    FAST PITCH NETWORKING

    Posted: Dec. 10

    By Lance Wallach

    Here it is. Here is your proof of my predictions. Perhaps you didn’t believe me when I told you the IRS was coming after what it has deemed “abusive transactions,” but here it is, right from the IRS’s own job posting. If you were involved with a 419e, 412i, listed transaction, abusive tax shelter, Section 79, or captive, and you haven’t yet approached an expert for help with your situation, you had better do it now, before the notices start piling up on your desk.

    A portion of the exact announcement from the Department of the Treasury:

    Job Title: INTERNAL REVENUE AGENT (ABUSIVE TRANSACTIONS GROUP)

    Agency: Internal Revenue Service

    Open Period: Monday, October 18, 2010 to Monday, November 01, 2010

    Sub Agency: Internal Revenue Service

    Job Announcement Number: 11PH1-SBB0058-0512-12/13

    Who May Be Considered:

    · IRS employees on Career or Career Conditional Appointments in the competitive service

    · Treasury Office of Chief Counsel employees on Career or Career Conditional Appointments or with prior competitiv

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