Like us on FacebookFollow us on TwitterView our profile on LinkedIn the opposite is also true. Some 419 Plans and 412(i) Plan are very well
Nationwide Assistance
E mail Us
Visit Our Website
Serving clients nationwide
Every one of our consulting attorneys, CPAs & ex IRS Agents has over 25 years of professional
experience! We believe that no firm has more experienced professionals to assist our clients than we do!
IRS Goes After Captive Insurance by Lance Wallach
Life Insurance-IRS Goes After Captive Insurance by Lance Wallach Life insurance agents recently started pushing the newest variety of high-ticket items. After the IRS almost put 419 plans out of business and severely curtailed abusive 412i plans they needed another way to sell large commission life insurance policies. Many of the promoters of the 419 and 412i plans are now promoting section 79 and captive insurance plans. They claim that these plans allow businesses to tax deduct life insurance. As in the past, these promoters claim that most of the benefits would be for the business owners. I have been an expert witness in many cases against these abusive plans and my side has never lost a case.
Listed Transactions
If you are in what the IRS calls a Listed Transaction, or something similar to it, you will probably receive a very large fine for each year that you have been in the program.
You are fined whether or not you make a contribution. If an accountant signs a tax return for a client who is in a listed transaction, he is fined 100k for being what is called a material advisor. If an insurance agent, or someone else, sells one of these plans he is also probably a material advisor.
We have assisted thousands of people in this situation. Once you receive the fine, we cannot help you. Usually, a lawsuit results.
Lance Wallach
Read How One Doctor Almost Lost Everything
Irsform8886.com
IRS 8886 form - Find help filing new, or correcting improper forms Description: irsform8886.com is your best source of help for proper completion of the IRS 8886 forms of 419e and 412i plans or any other plan that the IRS calls a listed transaction.
Our Professional Services:
The Offices of Lance Wallach
Tax Fraud Defenses Tax penalty abatement IRS audit appeals U.S. Tax Court cases Multinational taxation consulting Incorporating your business Recovering losses from insurance companies & brokerage firms Tax shelter analysis Pension plan reviews & evaluations 419 & 412 type benefit plan analysis, remediation Offshore tax shelter issues IRS listed transactions assistance Expert witness testimony for tax, insurance & retirement plan cases SSI & Disability benefits advocates Pension & Benefit Plan Fraud Insurance Company Fraud
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: I
Like us on FacebookFollow us on TwitterView our profile on LinkedIn the opposite is also true. Some 419 Plans and 412(i) Plan are very well
Nationwide Assistance
E mail Us
Visit Our Website
Serving clients nationwide
Every one of our consulting attorneys, CPAs & ex IRS Agents has over 25 years of professional
experience! We believe that no firm has more experienced professionals to assist our clients than we do!
IRS Goes After Captive Insurance by Lance Wallach
Life Insurance-IRS Goes After Captive Insurance by Lance Wallach Life insurance agents recently started pushing the newest variety of high-ticket items. After the IRS almost put 419 plans out of business and severely curtailed abusive 412i plans they needed another way to sell large commission life insurance policies. Many of the promoters of the 419 and 412i plans are now promoting section 79 and captive insurance plans. They claim that these plans allow businesses to tax deduct life insurance. As in the past, these promoters claim that most of the benefits would be for the business owners. I have been an expert witness in many cases against these abusive plans and my side has never lost a case.
Listed Transactions
If you are in what the IRS calls a Listed Transaction, or something similar to it, you will probably receive a very large fine for each year that you have been in the program.
You are fined whether or not you make a contribution. If an accountant signs a tax return for a client who is in a listed transaction, he is fined 100k for being what is called a material advisor. If an insurance agent, or someone else, sells one of these plans he is also probably a material advisor.
We have assisted thousands of people in this situation. Once you receive the fine, we cannot help you. Usually, a lawsuit results.
Lance Wallach
Read How One Doctor Almost Lost Everything
Irsform8886.com
IRS 8886 form - Find help filing new, or correcting improper forms Description: irsform8886.com is your best source of help for proper completion of the IRS 8886 forms of 419e and 412i plans or any other plan that the IRS calls a listed transaction.
Our Professional Services:
The Offices of Lance Wallach
Tax Fraud Defenses Tax penalty abatement IRS audit appeals U.S. Tax Court cases Multinational taxation consulting Incorporating your business Recovering losses from insurance companies & brokerage firms Tax shelter analysis Pension plan reviews & evaluations 419 & 412 type benefit plan analysis, remediation Offshore tax shelter issues IRS listed transactions assistance Expert witness testimony for tax, insurance & retirement plan cases SSI & Disability benefits advocates Pension & Benefit Plan Fraud Insurance Company Fraud
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: I
Like us on FacebookFollow us on TwitterView our profile on LinkedIn the opposite is also true. Some 419 Plans and 412(i) Plan are very well
ReplyDeleteNationwide Assistance
E mail Us
Visit Our Website
Serving
clients
nationwide
Every one of our
consulting
attorneys, CPAs
& ex IRS Agents
has over 25 years
of professional
experience! We
believe that no
firm has more
experienced
professionals to
assist our clients
than we do!
IRS Goes After Captive Insurance
by Lance Wallach
Life Insurance-IRS Goes After Captive Insurance
by Lance Wallach
Life insurance agents recently started pushing the newest variety of high-ticket items. After the IRS almost put 419 plans out of business and severely curtailed abusive 412i plans they needed another way to sell large commission life insurance policies. Many of the promoters of the 419 and 412i plans are now promoting section 79 and captive insurance plans. They claim that these plans allow businesses to tax deduct life insurance. As in the past, these promoters claim that most of the benefits would be for the business owners. I have been an expert witness in many cases against these abusive plans and my side has never lost a case.
Listed Transactions
If you are in what the IRS calls a Listed Transaction, or something similar to it, you will probably receive a very large fine for each year that you have been in the program.
You are fined whether or not you make a contribution. If an accountant signs a tax return for a client who is in a listed transaction, he is fined 100k for being what is called a material advisor. If an insurance agent, or someone else, sells one of these plans he is also probably a material advisor.
We have assisted thousands of people in this situation. Once you receive the fine, we cannot help you. Usually, a lawsuit results.
Lance Wallach
Read How One Doctor Almost Lost Everything
Irsform8886.com
IRS 8886 form - Find help filing new, or correcting improper forms
Description: irsform8886.com is your best source of help for proper completion of the IRS 8886 forms of 419e and 412i plans or any other plan that the IRS calls a listed transaction.
Our Professional Services:
The Offices of Lance Wallach
Tax Fraud Defenses
Tax penalty abatement
IRS audit appeals
U.S. Tax Court cases
Multinational taxation consulting
Incorporating your business
Recovering losses from insurance companies & brokerage
firms
Tax shelter analysis
Pension plan reviews & evaluations
419 & 412 type benefit plan analysis, remediation
Offshore tax shelter issues
IRS listed transactions assistance
Expert witness testimony for tax, insurance & retirement plan
cases
SSI & Disability benefits advocates
Pension & Benefit Plan Fraud
Insurance Company Fraud
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: I
Like us on FacebookFollow us on TwitterView our profile on LinkedIn the opposite is also true. Some 419 Plans and 412(i) Plan are very well
ReplyDeleteNationwide Assistance
E mail Us
Visit Our Website
Serving
clients
nationwide
Every one of our
consulting
attorneys, CPAs
& ex IRS Agents
has over 25 years
of professional
experience! We
believe that no
firm has more
experienced
professionals to
assist our clients
than we do!
IRS Goes After Captive Insurance
by Lance Wallach
Life Insurance-IRS Goes After Captive Insurance
by Lance Wallach
Life insurance agents recently started pushing the newest variety of high-ticket items. After the IRS almost put 419 plans out of business and severely curtailed abusive 412i plans they needed another way to sell large commission life insurance policies. Many of the promoters of the 419 and 412i plans are now promoting section 79 and captive insurance plans. They claim that these plans allow businesses to tax deduct life insurance. As in the past, these promoters claim that most of the benefits would be for the business owners. I have been an expert witness in many cases against these abusive plans and my side has never lost a case.
Listed Transactions
If you are in what the IRS calls a Listed Transaction, or something similar to it, you will probably receive a very large fine for each year that you have been in the program.
You are fined whether or not you make a contribution. If an accountant signs a tax return for a client who is in a listed transaction, he is fined 100k for being what is called a material advisor. If an insurance agent, or someone else, sells one of these plans he is also probably a material advisor.
We have assisted thousands of people in this situation. Once you receive the fine, we cannot help you. Usually, a lawsuit results.
Lance Wallach
Read How One Doctor Almost Lost Everything
Irsform8886.com
IRS 8886 form - Find help filing new, or correcting improper forms
Description: irsform8886.com is your best source of help for proper completion of the IRS 8886 forms of 419e and 412i plans or any other plan that the IRS calls a listed transaction.
Our Professional Services:
The Offices of Lance Wallach
Tax Fraud Defenses
Tax penalty abatement
IRS audit appeals
U.S. Tax Court cases
Multinational taxation consulting
Incorporating your business
Recovering losses from insurance companies & brokerage
firms
Tax shelter analysis
Pension plan reviews & evaluations
419 & 412 type benefit plan analysis, remediation
Offshore tax shelter issues
IRS listed transactions assistance
Expert witness testimony for tax, insurance & retirement plan
cases
SSI & Disability benefits advocates
Pension & Benefit Plan Fraud
Insurance Company Fraud
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: I