CaptiveInsuranceProblems

CaptiveInsuranceProblems: captive Insurance, Section 79, Expert witness, abusive tax shelters, Lance Wallach

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  1. Lance Wallach, CLU, ChFC, CIMC, the National Society of Accountants Speaker of the Year, consults on abusive tax shelters, captive insurance, conservation easements,bitcoin, ,insurance, estate planning, retirement and employee benefit plans,419,412i,section 79 plans and other IRS audit targets etc. As an expert witness his side has never lost a case.
    Lance Wallach advised thousands of high-income clients including hundreds of famous entertainers and athletes about captive insurance, 419, 412i section 79 and other abusive tax shelters. Lance also counseled famous Wall Street luminaries such as Hugh Downs and Louis Rukeyser, the host of 2 long-running programs Wall Street Week with Louis Rukeyser & Louis Rukeyser’s Wall Street.
    Speaker at over 50 annual conventions and author for more than 500 publications on tax reduction ideas, abusive welfare benefit and retirement plans, captive insurance companies,abusive tax shelters and conservation easements, cash balance plans, life settlements, premium finance, and more. He is a course developer and instructor for Continuing Professional Education courses administered by
    The American Institute of Certified Public Accountants.
    Lance is a prolific author, having written or collaborated on numerous books, including 'The CPA Guide to Life Insurance', published by BISK Education, 'The Team Approach to Tax and Financial Planning', published by the American Institute of CPA s, and most recently 'Protecting Clients from Fraud, Incompetence, and Scams', published by Wiley. He has been hired as an expert witness on some issues of which he speaks about, and to this day, Lance Wallach has never lost a case.
    Lance Wallach has appeared on radio and TV financial programs, most recently, on National Public Radio and NBC 25. Lance consults on abusive tax shelters like 412i,419, section 79, captive insurance bitcoin, easements, tax shelters and VEBA Plans.
    Additionally, Lance Wallach's expertise is sought after by the U.S. Securities and Exchange Commission, U.S. Department of Labor, the Enforcement Unit of the IRS The State Inusrance Dept etc.

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  2. CJA.TAX


    © COPYRIGHT
    CJA SOLD US DEFECTIVE EMPLOYEE BENEFIT PLANS COSTING US HUNDREDS

    OF THOUSANDS OF DOLLARS AND IRS AUDITS AND PENALTIES

    CJA WALKED AWAY WITH HUNDREDS OF THOUSANDS OF OUR DOLLARS IN COMMISSIONS

    ALSO, THE INSURANCE COMPANY FIDELITY SECURITY LIFE INSURANCE IS PART OF THIS SCHEME TO DEFRAUD COMPANIES OUT OF MILLIONS OF DOLLARS

    THE IRS HAS A LIST OF ALL OF CJA CUSTOMERS AND CAME AFTER THEM WITH AUDITS AND HUGE FINES, CJA HAS DONE NOTHING TO RECTIFY THEIR MISTAKE AND REFUSES TO GIVE BACK ANY MONEY OR ANY OF THE COMMISSIONS THEY TOOK AT THEIR CUSTOMERS EXPENSE AND EXPOSURE TO HUNDREDS OF THOUSANDS OF IRS PENALTIES!

    OUR BLOG
    Similarities and Differences Between IRC Section 419A(f)(6) and IRC Section 419(e) Plans CPA’s Guide to Life Insurance
    6/13/2018, 1:18:00 PM

    412i Plan, 419, 419 Plan, Lance Wallach Expert Witness
    Author/Moderator: Lance Wallach, CLU, CHFC, CIMCBelow is an excerpt from one of Lance Wallach’s new books.Similarities and Differences Between IRC Section 419A(f)(6) and IRC Section 419(e) Plans ...
    Reportable Transactions .com: 419 Plan, 412i Plan
    6/13/2018, 1:18:00 PM

    412i Plan, 419, 419 Plan, Lance Wallach Expert Witness
    Reportable Transactions .com: 419 Plan, 412i Plan, Welfare benefit plan assistan...: 419 Plan, 412i Plan, Welfare benefit plan assistance, audits & Abusive tax shelters
    EP Abusive Tax Transactions - Certain Trust Arrangements Seeking to Qualify for Exemption from Section 419
    6/13/2018, 1:18:00 PM

    412i Plan, 419, 419 Plan, Lance Wallach Expert Witness
    Notice 95-34 discusses tax problems raised by certain trust arrangements seeking to qualify for exemption from IRC section 419. This transaction involves the claiming of deductions under IRC sections 419 and 419A for contributions to multiple employ...
    Captive Insurance - Buyers Beware!
    6/13/2018, 1:17:00 PM

    412i Plan, 419, 419 Plan, Lance Wallach Expert Witness
    Captive Insurance - Buyers Beware!
    Big Trouble Ahead For 412i and 419 Plan Participants - Lance Wallach
    6/13/2018, 1:17:00 PM

    412i Plan, 419, 419 Plan, Lance Wallach Expert Witness
    Big Trouble Ahead For 412i and 419 Plan Participants - Lance Wallach
    THE LAWSUIT
    The plaintiffs are two small Connecticut businesses that purchased 412(e)(3) annuities from defendant Fidelity Security Life (“FSL”), a Kansas City-based insurance company. Plaintiffs also named as a defendant CJA Associates, Inc., a corporation that is a registered agent of FSL, and is alleged to have promoted the sale of the annuities, and First Actuarial Corporation (“FAC”), a wholly owned subsidiary of CJA that is alleged to have been the sponsor of the plans. In addition, the complaint names an individual who is a registered agent of FSL and is alleged to have served as a tax and investment advisor to the two plaintiff businesses (the complaint also alleges that he was recently indicted by a grand jury for income tax fraud, but does not allege if it was related to his conduct in this case). All of the non-FSL defendants are alleged to have had some role in the sales process.

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  3. Lance Wallach Expert Witness
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    Protect your clients — and yourself — from all kinds of financial chicanery and stupidity with this vital new book It doesn’t matter if a financial error was made because of malice or ignorance — the end result is that you lose money. Luckily, you don’t have to sit idly and take it. If you have Protecting Clients from Fraud, Incompetence and Scams , you can identify and avoid the dysfunctional sectors of the financial industry, steer clear of the fallout from the Madoff Era, and guide your clients to real, healthy, sustainable returns. This powerful book Pinpoints dysfunctional sectors within the financial industry and offers advice against frauds and scammers Shows how a team approach to asset management can ward off financial predators Offers practical strategies and tools to combat client risk for Risk and Asset Management Offering insightful information to protect your clients from all sorts of frauds and incompetence, this essential guide equips you with tips and techniques to spot the red flags of fraud and prevent it before it starts.

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