Most 419 plans are now in violation of the law and could subject both participants and their advisors to large penalties!
The IRS is auditing many 412(i) and 419 plans. See our published articles. Click here for Help, Plan reviews, IRS assistance, and Expert witness & other services by Lance Wallach, CEO,Veba Plan LLC . . .
Deduct Estate, Business Succession & Asset Protection plans! Turn your life insurance premiums into tax deductions & reduce your health insurance costs!!
If you don’t have a Letter of Determination from the IRS, you don’t have a VEBA. Please click on the letter below to see what a Letter of Determination looks like.
Lance Wallach is the author of numerous professional books, including the AICPA’s “The Team Approach to Tax, Financial & Estate Planning” and “The CPA’s Guide to Life Insurance”, and he is the National Society of Accountants Speaker of the Year.
See Mr. Wallach’s published articles on ~Tax savings ideas ~ IRS crackdowns on 419 & 412(i) plans ~ reducing Health care costs ~ improving Retirement plans ~ Asset protection ~ Estate planning ~ Premium financing ~ Life Settlements ~ Captive Insurance companies ~ Updating your outdated retirement plan ~ Bringing your plans into compliance with the new IRS regulations, etc.
Contact Lance Wallach & his team of experienced Insurance, Legal & Accounting professionals for all of your solutions.
