412iprobmlem.com


Lance Wallach is qualified on many different levels:


-Speaker of the Year and member of the 
AICPA faculty of teaching professionals.
-Frequent speaker on retirement plans, 
financial and estate planning, and abusive tax shelters.
-Writes about 412(i), 419, and captive 
insurance plans.
-Speaks at more than ten conventions 
annually.

-Writes for more than fifty publications.
-Is quoted regularly in the press and has 
been featured on television and radio 
financial talk shows including NBC and National Public Radio's All Things Considered and Forbes.

IRS Criminal Investigation Department Audits Section 79, Captive Insurance, 412i and 419 Scams


IRS Criminal Investigation (CI) has developed a nationally coordinated program to combat these abusive tax schemes. CI's primary focus is on the identification and investigation of the tax scheme promoters as well as those who play a substantial or integral role in facilitating, aiding, assisting, or furthering the abusive tax scheme, such as accountants or lawyers. Just as important is the investigation of investors who knowingly participate in abusive tax schemes.


Our Experience

Our Articles

Large IRS Fines for Participants in 419, 412i, Captive Insurance, Section 79 Plans


In a recent U.S. Tax Court case, some taxpayers suffered a double loss. The taxpayers, consisting of four couples, had purchased welfare benefit plans marketed by Benistar 419 Plan Services. Under the plan, Benistar provided pre-retirement life insurance to select employees of companies enrolled in the plan.          

Abusive Tax Transactions


The IRS is engaged in extensive efforts to curb abusive tax shelter schemes and transactions. The Tax Exempt and Government Entities Division of the IRS, including the office of Employee Plans, participates in this IRS-wide effort by devoting substantial resources to the identification, analysis, and examination of abusive tax shelter schemes and promotions.

Listed Transactions

Read More Now

Abusive 412(i) Tax Shelter Litigation


Finding and hiring dependable employees can be exhausting. We'll simplify and develop a hiring process that you can count on.       

419, 412i, Captive Insurance and Section 79 Problems


Sometimes the IRS might disagree with planning you did with other advisors and you need to find help to ensure that your rights are protected, the facts are interpreted accurately and the law applied correctly.