Showing posts with label Lance Wallach Expert. Show all posts
Showing posts with label Lance Wallach Expert. Show all posts

IRS Issues Final Regulations for Material Advisors, Accountants, Attorneys and Insurance Agents - HG.org

IRS Issues Final Regulations for Material Advisors, Accountants, Attorneys and Insurance Agents - HG.org



If you sold, advised on or had anything to do with a listed transaction you will be fined by the IRS. For those that bought listed transactions like, 419 welfare benefit plans or 412i plans, you have been or will also be fined.


On July 30, 2014, the Internal Revenue Service issued final regulations regarding the imposition of penalties under Internal Revenue Code section 6707 against material advisors who fail to file true, complete or timely disclosure returns with respect to reportable or listed transactions. The effective date of the final regulations is July 31, 2014.

Some 419 Insurance Welfare Benefit Plans Continue To Get Accountants Into Trouble

Some 419 Insurance Welfare Benefit Plans Continue To Get Accountants Into Trouble

Insurance Agents: Help for those who sold 419 and 412i plans.

Insurance Agents: Help for those who sold 419 and 412i plans.

Severe Penalties for Accountants: 419 Welfare Benefit 412i Retirement Plans

Severe Penalties for Accountants: 419 Welfare Benefit 412i Retirement Plans

412i-419 Plans: Captive Insurance and Section 79 Scams, 419e and 412i Producing Large IRS fines

412i-419 Plans: Captive Insurance and Section 79 Scams, 419e and 412i Producing Large IRS fines