Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters

Lorman Education Services
Training overview
Professional Course
1.5 hours

Course description

Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters

Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters

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 and has successfully been an expert witness suing insurance companies that provided the product. Lance Wallach has presented this award winning material at hundreds of accounting legal and insurance conventions.

Learning Objectives

  • You will be able to discuss various tax shelters.
  • You will be able to identify how to avoid fines for you and your clients.
  • You will be able to review what to do if you are sued.
  • You will be able to describe what to do if your client is already in one of these tax shelters.

  • Want to find out more?

    Who should attend?

    This live webinar is designed for accountants, CPAs, financial planners, insurance professionals, human resource managers, benefits administrators, payroll managers, controllers, presidents, vice presidents, business owners and managers and attorneys.

    Training content

    • Description of Various Tax SheltersHow to Avoid Fines for You and Your ClientsWhat to Do When You Are SuedWhat If Your Client Is Already in One of These Tax SheltersVarious SuggestionsDon't Think This Can Happen to You? It Has to Thousands of Advisors Already

    Costs

    The cost of this Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters live webinar is $219 per participant.

    About Lorman Education Services

    Lorman Education Services

    Lorman Education Services - Live and On-Demand Webinars

    With more than 27 years spent educating over 1.4 million professionals, Lorman has the experience and expert instructors you need to stay ahead no matter the position or profession. Search from the many courses listed here or contact the customer...


    Read more and show all training delivered by this supplier

    Request info

    Fill out your details to find out more about Get Sued by Your Clients and Fined by the IRS, 419 Welfare Benefit Plans, Section 79, Captive Insurance and Abusive Tax Shelters.

      Contact the provider

      Get more information

      Register your interest

    Contact info

    Lorman Education Services

    Lorman Education Services
    2510 Alpine Road
    54702 Eau Claire Wisconsin

    Request Information

    Have a question about this course? Fill out this form and the provider will get in touch with you shortly

    View again
    Supplier Directory
    Join our Supplier Directory to:
    - Gain Traffic
    - Get Noticed
    - Showcase Your Services
    - Free Listing Available