Company & Specialty Insurance Forum

Life insurance Policy
By:Lance Wallach
The IRS Started Auditing 419 plans in the 1990s, and then continues 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.

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Don’t Become a ‘Material Advisor’
JULY 1, 2011
BY LANCE WALLACH
Accountants, insurance professionals and others need to be careful that they don’t become what the IRS calls material advisors.

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419-litigation
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more than 30 years dealing with the irs
419 Litigation

Accountants, Business owners, and others face large IRS fines.
Lance Wallach Jun 17
IRS Attacks Business Owners in 419, 412, Section 79 and Captive Insurance Plans Under Section 6707A
Lance Wallach

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Lance Wallach, Managing Director, is the nation's leading expert on employee benefit plans, tax problem resolution and IRS audit defense.

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What are the pros and cons of naming the mortgage company on the life insurance policy?

types of risks that stunt people face and type of cover for it?

As an expert lance wallach has never lost google him for 419 412i captive insurance and section 79 scams.


412i IRS audits, listed transactions
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April 24, 2012 By Lance Wallach, CLU, CHFC
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IRS auditing 412i plans
Protecting Clients From Fraud, Incompetence, and Scams
By: Lance Wallach
Published by John Wiley and Sons, Inc.
Copyright Ó 2010. All rights reserved.

Excerpts have been taken from this book about:

If you have a insurance policy before you get married with your job and you then get married. Then you have a heart attack and die is there a certain length of time you have to be married before your spouse can get your iinsurance money off your policy or do your kidds gets the money?

If you have a insurance policy before you get married with your job and you then get married. Then you have a heart attack and die is there a certain length of time you have to be married before your spouse can get your iinsurance money off your policy or do your kidds gets the money?

The courts award me 200 dollars for compensation in a Civil suit. I was not comfortable with that. I made a claim with the City insurance company. What is the do's AND don't in this matter. The city is liable for their employee