Material Advisors and 419 Plans Litigation -
IRS Audit Experts for abusive insurance based plans deemed reportable or listed transactions by the IRS
HomeAboutArticles- ServicesContact419-litigationTHE IRS IS AUDITING 419 BENEFIT PLANS, FIND OUT HOW TO PROTECT YOURSELF Do you spend more time planning a vacation for your family than you do for your retirement? Every single one of our consulting CPAs, Lawyers and former IRS Agents has over 25 years of professional experience! No firm has a staff with more audit experience than we do. Our services include: IRS audit assistance and support419 and 412i plan defensePlan reviews, evaluations and remediationExpert witness testimonyResearch and analysis of tax lawsProviding guidance for attorneysCPAs and insurance professionals nationwideExpertise on stock marketMutual fund and insurance lossesIn-person office visits are not required. In The NewsThe Dangers of Being ListedFor Immediate Expert AssistanceGet SuedOffices of Lance WallachVisit Our WebsiteMaterial AdvisorJournal of AccountancyIRS HeadachesCPA Journalunderstanding419 litigationThink You Know Agents & Insurance Companies? Think Again.Did you purchase an IRC 419 Employee Welfare Benefit Plan, a 412(i) plan, Section 79 or other captive insurance plan after being told the contributions were fully deductible from federal and state income taxes, and found out later that this was not the case? Did you purchase a trust unnecessarily funded with substantial amounts of life insurance because you were told you could build up cash value tax-free and then have use of the funds tax-free? If you have been misled about information regarding your employee welfare benefits, you may have been the victim of 419 and 412 plan fraud.When consumers are misled and given false information by insurance brokers, they have the right to sue the fraudulent agents and insurance company that sold the plan.Lance Wallach Expert Witness TestimonyLance Wallach, CLU, ChFC,CIMC As Managing Director, Lance Wallach is a member of the AICPA faculty of teaching professionals.