Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters - OnDemand Webinar | Lorman Education Services

Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters - OnDemand Webinar | Lorman Education Services: Paths
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Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters
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Gain a better understanding of 419(e) welfare benefit plans and protect you and your clients from legal issues.
Accountants, financial planners, insurance professionals and others are being sued by their clients and fined by the IRS for participating in, or selling abusive tax shelters or listed transactions. These include but are not limited to 419 welfare benefit plans, 412i plans, section 79 plans, captive insurance plans etc. Most life insurance companies have allowed their products to be placed into these plans. The IRS then investigates because these plans fall under abusive tax shelters, listed transactions or plans similar to them the minimum fine for an accountant or financial professional is $100,000. The client also gets fined and audited by the IRS: they usually sue their accountant and financial advisor. As an expert witness Lane Wallach has successfully defended financial professionals