Showing posts with label IRS Problems. Show all posts
Showing posts with label IRS Problems. Show all posts
KMJ Radio Interview: Help With Common Tax Problems
KMJ Radio Interview: Help With Common Tax Problems: Published in Coatings Pro Magazine It is tax time. There are many problems you can run into with the IRS. This article is a generalized ov...
Help with Common IRS Problems: FBAR/OVDI LANCE WALLACH: FBAR QUESTIONS
Help with Common IRS Problems: FBAR/OVDI LANCE WALLACH: FBAR QUESTIONS: FBAR/OVDI LANCE WALLACH: FBAR QUESTIONS : Lance Wallach Acquired or inherited foreign stock or securities, such as bonds. Do I need ...
Abusive Insurance and Retirement Plans
Many of the listed transactions that can get your clients into trouble with the IRS are exotic shelters that relatively few practitioners ever encounter. When was the last time you saw someone file a return as a Guamanian trust (Notice 2000-61)? On the other hand, a few listed transactions concern relatively common employee benefit plans the IRS has deemed tax-avoidance schemes or otherwise abusive. Perhaps some of the most likely to crop up, especially in small business returns, are arrangements purporting to allow deductibility of premiums paid for life insurance under a welfare benefit plan.
Some of these abusive employee benefit plans are represented as satisfying section 419 of the Code, which sets limits on purposes and balances of “qualified asset accounts” for such benefits, but purport to offer deductibility of contributions without any corresponding income. Others attempt to take advantage of exceptions to qualified asset account limits, such as sham union plans that try to exploit the exception for separate welfare benefit funds under collective-bargaining agreements provided by IRC § 419A(f)(5). Others try to take advantage of exceptions for plans serving 10 or more employers, once popular under section 419A(f)(6). More recently, one may encounter plans relying on section 419(e) and, perhaps, defined-benefit pension plans established pursuant to the former section 412(i) (still so-called, even though the subsection has since been redesignated section 412(e)(3)).
IRS tax relief firm, Lance Wallach, speaking: IRS tax relief firm
IRS tax relief firm, Lance Wallach, speaking: IRS tax relief firm, Lance Wallach, speaking: IRS ...: IRS tax relief firm, Lance Wallach, speaking: IRS Dog Attacks Evil Agent : Lance Wallach, the nation's leading tax resolution expert and...
IRS tax relief firm, Lance Wallach, speaking: IRS tax relief firm, Lance Wallach
IRS tax relief firm, Lance Wallach, speaking: IRS tax relief firm, Lance Wallach, speaking at at...: IRS Penalties, Audits, Benefit Plans 419e 412i IRS tax relief firm, Lance Wallach, speaking at attorney CPA's convention on abusive ...
IRS tax relief firm, Lance Wallach, speaking: Very Funny Lawyer Joke
IRS tax relief firm, Lance Wallach, speaking: Very Funny Lawyer Joke: Lance Wallach speaks at an accountants' meeting but not without starting with a funny joke about lawyers.
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