Employee Retirement Plans

California Broker, June 2011By Lance Wallach412i, 419, Captive Insurance and Section 79 Plans; Buyer BewareThe IRS has been attacking all 419 welfare benefit plans, many 412i retirement plans, captive insurance plans with life insurance in them, 
and Section 79 plans.  IRS is aggressively auditing various plans and calling them “listed transactions,” “abusive tax shelters,” or 
“reportable transactions,” participation in any of which must be disclosed to the Service.  The result has been IRS audits, disallowances, 
and huge fines for not properly reporting under IRC 6707A.  

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  1. Section 79 Plans
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    Thursday, May 22, 2014

    412i 419e IRS audits, 6707a penalties, form 8886 listed transactions

    Posted by Lance Wallach at 1:19 PM
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    1 comment:

    Lance WallachMay 27, 2014 at 5:39 AM
    Why You Should Stay Away From Section 79 Life Insurance Plans

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    The leading expert on Employee Benefit plans (VEBA, 419, 412i, 501c); Life insurance, Estates, Trusts & Pensions
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