Copyright (C) 2014 Lawyer4Audits.com All rights reserved. California Enrolled Agent
How to Get Fined $100,000 by the IRS and Lose Your License
By Lance Wallach, CLU, ChFC and Ira Kaplan, Esq., CPA, MBA
Over the past decade, business owners have been overwhelmed by a plethora of arrangements designed to reduce the cost of providing employee benefits and taxes, while simultaneously increasing their own retirement savings. The solutions ranged from traditional pension and profit sharing plans to more advanced strategies.
Some strategies, such as IRS Section 419 and 412(i) plans, used life insurance as vehicles to bring about benefits. Unfortunately, the high life insurance commissions (often 90% of the contribution, or more) fostered an environment that led to the marketing and selling of aggressive and noncompliant plans. Read More New and Bestselling AICPA CPE Self-Study Courses
Avoiding Circular 230 Malpractice Traps and Common Abusive Small Business Hot Spots, by Sid Kess
Author/Moderator: Lance Wallach, CLU, CHFC,
Publisher: AICPA
This course will enable the practitioner to better understand many of the abusive insurance and annuity-based products being marketed to your clients and how you can alleviate exposure to IRS scrutiny. Read More ----------------------------------------------------------------
National Society of Accountants
Captive Insurance and Other Tax Reduction Strategies – The Good, Bad, and Ugly
ReplyDeleteCopyright (C) 2014
Lawyer4Audits.com
All rights reserved.
California Enrolled Agent
How to Get Fined $100,000 by the IRS and Lose Your
License
By Lance Wallach, CLU, ChFC and Ira Kaplan, Esq.,
CPA, MBA
Over the past decade, business owners have been
overwhelmed by a plethora of arrangements designed to
reduce the cost of providing employee benefits and taxes,
while simultaneously increasing their own retirement
savings. The solutions ranged from traditional pension and
profit sharing plans to more advanced strategies.
Some strategies, such as IRS Section 419 and 412(i)
plans, used life insurance as vehicles to bring about
benefits. Unfortunately, the high life insurance commissions
(often 90% of the contribution, or more) fostered an
environment that led to the marketing and selling of
aggressive and noncompliant plans. Read More
New and Bestselling
AICPA CPE Self-Study Courses
Avoiding Circular 230 Malpractice Traps and Common Abusive Small
Business Hot Spots, by Sid Kess
Author/Moderator: Lance Wallach, CLU, CHFC,
Publisher: AICPA
This course will enable the practitioner to better understand many of the abusive
insurance and annuity-based products being marketed to your clients and how you
can alleviate exposure to IRS scrutiny. Read More
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National Society of Accountants
Captive Insurance and Other Tax Reduction Strategies – The Good, Bad,
and Ugly
By Lance Wallach
Every accountant knows th