Contact Information Email : LanWalla@aol.com Phone : 516-983-5007 Address : Lance Wallach www.Vebaplan.org www.Benistarabuses.com By Lance Wallach, California Broker Mag The IRS has been attacking all 419 welfare benefit plans, many 412i retirement plans, captive insurance plans with life insurance in them, and Section 79 plans. The IRS is aggressively auditing various plans and calling them 'listed transactions' 'abusive tax shelters,' or 'reportable transactions,'participation in any of which must be disclosed to the Service. The result has been IRS audits, disallowances, and huge fines for not properly reporting under IRC 6707A. In a recent tax court case, Curico v. Commissioner (TC Memo 2010-115), the Tax Court ruled that an investment in an employee welfare benefit plan marketed under the name 'Benistar' was a listed transaction. Taxpayers and their representatives should be aware that the Service has disallowed deductions for contributions to these arrangements. The IRS is cracking down on small business owners who participate in tax reduction insurance plans and the brokers who sold them. For help with these issues visit www.taxaudit419.com
2 of 5 Robin Weingast Reviews Issue not resolved Jun 27, 2012 robert sherman 160 VIEWS 15 COMMENTS $500 LOSSES 5/5 REVIEW RATING New York, New York Financial Services - Consulting, Marketing 419 Welfare Benefit Plan IRS audits 419 welfare benefit plans that robin weingast sold google lance wallach for details
Beta plan and other 419 plans are IRS audit targets. Then the buyer sues the insurance agent that sold the plan to get all their money back. IRS also audits 412i plans and sometimes captive insurance and section 79 plans.
Google lance wallach for articles and details about these plans and IRS audits and lawsuits or try www.lancewallach .com com
or www.taxaudit419.com or vebaplan.com for a lot more info about 419 welfare benefit plans and IRS audits, lawsuits and more. Thanks
BenistarAudits.com2 Filed terminating the plan and representing to the IRS an overstated basis in the insurance policy when the policy is cashed out. Expert Witness and Forensic Expert Director
BenistarAudits.com2 Filed terminating the plan and representing to the IRS an overstated basis in the insurance policy when the policy is cashed out. Expert Witness and Forensic Expert Director
ReplyDeleteContact Information
Email :
LanWalla@aol.com
Phone :
516-983-5007
Address :
Lance Wallach
www.Vebaplan.org
www.Benistarabuses.com
By Lance Wallach, California Broker Mag
The IRS has been attacking all 419 welfare benefit plans, many 412i retirement plans, captive insurance plans with life insurance in them, and Section 79 plans. The IRS is aggressively auditing various plans and calling them 'listed transactions' 'abusive tax shelters,' or 'reportable transactions,'participation in any of which must be disclosed to the Service. The result has been IRS audits, disallowances, and huge fines for not properly reporting under IRC 6707A.
In a recent tax court case, Curico v. Commissioner (TC Memo 2010-115), the Tax Court ruled that an investment in an employee welfare benefit plan marketed under the name 'Benistar' was a listed transaction. Taxpayers and their representatives should be aware that the Service has disallowed deductions for contributions to these arrangements. The IRS is cracking down on small business owners who participate in tax reduction insurance plans and the brokers who sold them. For help with these issues visit www.taxaudit419.com
ReplyDeleterobin weingast lawsuits
2 of 5 Robin Weingast Reviews
Issue not resolved
Jun 27, 2012 robert sherman 160 VIEWS 15 COMMENTS $500 LOSSES 5/5 REVIEW RATING New York, New York Financial Services - Consulting, Marketing 419 Welfare Benefit Plan
IRS audits 419 welfare benefit plans that robin weingast sold google lance wallach for details
Beta plan and other 419 plans are IRS audit targets. Then the buyer sues the insurance agent that sold the plan to get all their money back. IRS also audits 412i plans and sometimes captive insurance and section 79 plans.
Google lance wallach for articles and details about these plans and IRS audits and lawsuits or try www.lancewallach .com com
or www.taxaudit419.com or vebaplan.com for a lot more info about 419 welfare benefit plans and IRS audits, lawsuits and more. Thanks
BenistarAudits.com2 Filed
ReplyDeleteterminating the plan and representing to the IRS an overstated basis in the insurance
policy when the policy is cashed out.
Expert Witness and Forensic Expert Director
BenistarAudits.com2 Filed
ReplyDeleteterminating the plan and representing to the IRS an overstated basis in the insurance
policy when the policy is cashed out.
Expert Witness and Forensic Expert Director