IRS Audits 419, 412i, Captive Insurance Plans With Life Insurance, and Section 79 Scams

IRS Audits 419, 412i, Captive Insurance Plans With Life Insurance, and Section 79 Scams

About Lance Wallach: Captive Insurance & 419 Plans Litigation

About Lance Wallach: Captive Insurance & 419 Plans Litigation

How to Market Your Business: 412i, 412e3, www.412iplans.org Lawline.com Continuing Legal Education

How to Market Your Business: 412i, 412e3, www.412iplans.org Lawline.com Continuing Legal Education

Life insurance & Annuities

Life insurance & Annuities

The expert on IRS audits of 419e and 412i plans, 6707A, listed and reportable transactions,Section 79, captive insurance and abusive tax shelters

Lance's Blog | The expert on IRS audits of 419e and 412i plans, 6707A, listed and reportable transactions,Section 79, captive insurance and abusive tax shelters

200K Report Update- Lance Wallach 419, 412i, Sect 79, Captive Insurance

200K Report Update- Lance Wallach 419, 412i, Sect 79, Captive Insurance

Benistar, Daniel Carpenter, Donald Trudeau, Molly Carpenter

Benistar, Daniel Carpenter, Donald Trudeau, Molly Carpenter

IRS Criminal Investigation Department Audits Section 79, Captive Insurance, 412i and 419 Scams

IRS Criminal Investigation (CI) has developed a nationally coordinated program to combat these abusive tax schemes. CI's primary focus is on the identification and investigation of the tax scheme promoters as well as those who play a substantial or integral role in facilitating, aiding, assisting, or furthering the abusive tax scheme, such as accountants or lawyers. Just as important is the investigation of investors who knowingly participate in abusive tax schemes.

Read the Full Article Here

IRS Criminal Investigation Department Audits Section 79, Captive Insurance, 412i and 419 Scams

IRS Criminal Investigation (CI) has developed a nationally coordinated program to combat these abusive tax schemes. CI's primary focus is on the identification and investigation of the tax scheme promoters as well as those who play a substantial or integral role in facilitating, aiding, assisting, or furthering the abusive tax scheme, such as accountants or lawyers. Just as important is the investigation of investors who knowingly participate in abusive tax schemes.

First the IRS started auditing § 419 plans in the 1990s, and then continued going after § 412(i) and other plans that they considered abusive, listed, or reportable transactions, or substantially similar to such transactions. If an IRS audit disallows the § 419 plan or the § 412(i) plan, not only does the taxpayer lose the deduction and pay interest and penalties, but then the IRS comes back under IRC 6707A and imposes large fines for not properly filing.

http://www.hg.org/article.asp?id=35505

Big Trouble Ahead For 412i and 419 Plan Participants - Lance Wallach

Big Trouble Ahead For 412i and 419 Plan Participants - Lance Wallach

Reportable Transactions & 419 Plans Litigation: CJA and associates 419, 412i section 79, audits for scams

419 and 412i Plan Help

BENISTAR-GRISTMILL-NOVA-IRSPROBLEMS.COM
BENISTAR.CO
BENISTAR.COMPANY
BENISTAR.EXPERT
BENISTAR.HEALTHCARE
BENISTAR.ME
BENISTAR.MOBI
BENISTAR.SUPPORT
BENISTAR.US
BENISTAR419AUDITS.COM
BENISTARABUSE.COM
BENISTARABUSE.TAX
BENISTARABUSES.EXPERT