How to Beat the IRS: IRS Audits 419, 412i, Captive Insurance Plans With Life Insurance, and Section 79 Scams

How to Beat the IRS: IRS Audits 419, 412i, Captive Insurance Plans With Life Insurance, and Section 79 Scams

The IRS started auditing 419 plans in the ‘90s, and then continued going after 412i and other plans that they considered abusive, listed, or reportable transactions, or substantially similar to such transactions.