HOME FACT SHEET KEEP YOUR HEALTH CARE INDEX OF TITLES POSTED ON THIS SITE POSTED BEFORE AUGUST 29, 2012 INDEX OF TITLES POSTED TO THIS SITE – FROM DEC 14, 2012 TO DEC 31, 2013 INDEX OF TITLES POSTED TO THIS SITE – FROM JAN 1, 2014 TO PRESENT LIST OF U.S. LAWS PASSED (2011–2012) LIST OF U.S. LAWS PASSED (2009-10) LIST OF U.S. LAWS PASSED (2013- 2014) THE LAST FEW MONTH’S FEATURED BLOGS SUBSCRIBE TO RSS //you're reading... POLITICS, CONGRESS, INVESTIGATION, REPUBLICANS, FBI, INTERNET, HEALTH, ECONOMY, EDUCATION, WIKIPEDIA, LOCAL NEWS, PRESS RELEASE, JUSTICE DEPARTMENT, DEMOCRATS, META, FRAUD, NATIONAL NEWS, ENVIRONMENT PRESS RELEASE: Tracy L. Sunderlage and Linda Sunderlage the Justice Department Sues to Stop Nationwide “Welfare Benefit Plan” Tax Scheme, Helping High-Income Individuals Attempt to Dodge Income Taxes POSTED BY FREDERICA CADE ⋅ JULY 13, 2011 ⋅ LEAVE A COMMENT Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, July 13, 2011
Justice Department Sues to Stop Nationwide “Welfare Benefit Plan” Tax Scheme Suburban Chicago Couple Allegedly Helps High-Income Individuals Attempt to Dodge Income Taxes
WASHINGTON – The Justice Department is seeking to block a husband and wife from operating a scheme that allegedly helps high-income individuals attempt to improperly avoid income taxes by funneling money through purported “welfare benefit plans,” the Justice Department announced today. The civil injunction suit was filed in federal court in Chicago against Tracy L. Sunderlage and his wife, Linda Sunderlage, of Huntley, Ill. SRG International, Ltd., of Nevis, West Indies, and three related Illinois companies – SRG International U.S. LLC, Maven U.S. LLC and Randall Administration LLC – were also named as defendants.
According to the complaint, the defendants claim to operate plans that provide benefits like life and health insurance to participating companies’ employees, when in fact the scheme is simply a mechanism for the companies’ owners to receive purportedly tax-free or tax-deferred income for their personal use. Tracy Sunderlage and the two SRG International companies allegedly market the scheme to h igh-income professionals who own small, closely held companies. Tracy Sunderlage allegedly tells scheme participants that their companies’ contributions to these plans are tax-deductible.
In the alleged current version of the scheme, each participant’s company makes supposedly tax-deductible payments to a purported benefit plan operated by Maven and Randall Administration. The company’s contributions are allegedly transferred into an account within an Anguilla company in which they are invested until the owner terminates from the program and receives the assets for his or her personal use. The complaint alleges that many participants own these foreign accounts through offshore tru www.taxaudit419.com for help
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POLITICS, CONGRESS, INVESTIGATION, REPUBLICANS, FBI, INTERNET, HEALTH, ECONOMY, EDUCATION, WIKIPEDIA, LOCAL NEWS, PRESS RELEASE, JUSTICE DEPARTMENT, DEMOCRATS, META, FRAUD, NATIONAL NEWS, ENVIRONMENT
PRESS RELEASE: Tracy L. Sunderlage and Linda Sunderlage the Justice Department Sues to Stop Nationwide “Welfare Benefit Plan” Tax Scheme, Helping High-Income Individuals Attempt to Dodge Income Taxes
POSTED BY FREDERICA CADE ⋅ JULY 13, 2011 ⋅ LEAVE A COMMENT
Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE
Wednesday, July 13, 2011
Justice Department Sues to Stop Nationwide “Welfare Benefit Plan” Tax Scheme
Suburban Chicago Couple Allegedly Helps High-Income Individuals Attempt to Dodge Income Taxes
WASHINGTON – The Justice Department is seeking to block a husband and wife from operating a scheme that allegedly helps high-income individuals attempt to improperly avoid income taxes by funneling money through purported “welfare benefit plans,” the Justice Department announced today. The civil injunction suit was filed in federal court in Chicago against Tracy L. Sunderlage and his wife, Linda Sunderlage, of Huntley, Ill. SRG International, Ltd., of Nevis, West Indies, and three related Illinois companies – SRG International U.S. LLC, Maven U.S. LLC and Randall Administration LLC – were also named as defendants.
According to the complaint, the defendants claim to operate plans that provide benefits like life and health insurance to participating companies’ employees, when in fact the scheme is simply a mechanism for the companies’ owners to receive purportedly tax-free or tax-deferred income for their personal use. Tracy Sunderlage and the two SRG International companies allegedly market the scheme to h igh-income professionals who own small, closely held companies. Tracy Sunderlage allegedly tells scheme participants that their companies’ contributions to these plans are tax-deductible.
In the alleged current version of the scheme, each participant’s company makes supposedly tax-deductible payments to a purported benefit plan operated by Maven and Randall Administration. The company’s contributions are allegedly transferred into an account within an Anguilla company in which they are invested until the owner terminates from the program and receives the assets for his or her personal use. The complaint alleges that many participants own these foreign accounts through offshore tru www.taxaudit419.com for help