Wednesday, March 19, 2014
412i-419 Plans: RAMESH SARVA: SARVA
412i-419 Plans: RAMESH SARVA: SARVA: RAMESH SARVA: SARVA : Defendants have also directly and indirectly promoted the VEBA plan scheme to prospective participants. Sarva for his
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Ramesh Sarva CPA PC Forest Hills reviews by real people. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Forest ...
Mar 7, 2014 - RAMESH SARVA: SARVA: Defendants have also directly and indirectly promoted the VEBA plan scheme to prospective participants. Sarva for ...
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Mar 7, 2014 - RAMESH SARVA: Sarva- More You Should Know rameshsarvaveba.blogspot.com/2014/.../sarva-more-you-should-know.ht... Tuesday, January 7, 2014 ... Sarva ...Ramesh Sarva CPA PC - Forest Hills - Forest Hills, NY | Yelp
412i-419 Plans: RAMESH SARVA: SARVA
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Mar 6, 2014 - RAMESH SARVA - Help with Common IRS Problem
The Premier Profile Report is the most comprehensive of all Experian business credit report. The Premier Profile report on RAMESH SARVA C.P.A P.C provides a comprehensive view of a business's financial obligations as well as fraud screening, credit limit recommendation, background information, and more data elements than other reports.
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BusinessIQ Premier Profile
Company:
RAMESH SARVA C.P.A P.C
Registered Office Location:
FOREST HILLS, NY 11375
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Qualifications and Work History of Lance Wallach
ReplyDeleteEXPERT QUALIFICATIONS, INCLUDING LIST OF PUBLICATIONS AUTHORED WITHIN PRECEDING TEN YEARS
I am a member of the American Institute of Certified Public Accountants (“AICPA”) faculty of teaching professionals and an AICPA course developer, and I have frequently spoken and/or published articles about Section 419 plans. I have also been qualified as an expert witness and have testified in court proceedings about issues relating to Section 419 plans, VEBAS and related plans.
Within the past ten years, I have authored or coauthored the articles, books, and/or other publications as referenced below.
PRIOR EXPERT WITNESS TESTIMONY AT TRIAL AND BY DEPOSITION DURING PRECEDING FOUR YEARS
Trial Testimony as Expert
Date: September 16 and 17, 2008
Litigation: Novick v. Bankers Life, et al.
Court: United States District Court, Eastern District of New York, Central Islip, New York
There was also extensive deposition testimony in this matter in May of 2008, which depositions lasted for two full days.
Trial Testimony as Expert
Date: March 31, 2009
Litigation: Michael Greco, et al, v. Empire Financial Group, Inc., et al
FINRA Arbitration No. 08-01565
Trial Testimony as Expert
Date: June 29, June 30, and July 1, 2009
Litigation: Michael Greco, et al, v. Empire Financial Group, Inc., et al
FINRA Dispute Resolution Case No. 08-01565
Publications
The Team Approach to Tax, Financial & Estate Planning
2003
Publisher: AICPA
National Association of Tax Professionals
March 2008 Member of the Month
WebCPA
ReplyDeleteThe dangers of being "listed"
A warning for 419, 412i, Sec.79 and captive insurance
Accounting Today: October 25, 2010
By: Lance Wallach
Taxpayers who previously adopted 419, 412i, captive insurance or Section 79 plans are in
big trouble.
In recent years, the IRS has identified many of these arrangements as abusive devices to
funnel tax deductible dollars to shareholders and classified these arrangements as "listed
transactions."
These plans were sold by insurance agents, financial planners, accountants and attorneys
seeking large life insurance commissions. In general, taxpayers who engage in a "listed
transaction" must report such transaction to the IRS on Form 8886 every year that they
"participate" in the transaction, and you do not necessarily have to make a contribution or
claim a tax deduction to participate. Section 6707A of the Code imposes severe penalties
($200,000 for a business and $100,000 for an individual) for failure to file Form 8886 with
respect to a listed transaction.
But you are also in trouble if you file incorrectly.
I have received numerous phone calls from business owners who filed and still got fined. Not
only do you have to file Form 8886, but it has to be prepared correctly. I only know of two
people in the United States who have filed these forms properly for clients. They tell me that
was after hundreds of hours of research and over fifty phones calls to various IRS
personnel.
The filing instructions for Form 8886 presume a timely filing. Most people file late and follow
the directions for currently preparing the forms. Then the IRS fines the business owner. The
tax court does not have jurisdiction to abate or lower such penalties imposed by the IRS.
Many business owners adopted 412i, 419, captive insurance and Section 79 plans based
upon representations provided by insurance professionals that the plans were legitimate
plans and were not informed th
riday, March 7, 2014
ReplyDelete412i-419 Plans: RAMESH SARVA: Sarva- More You Should Know
412i-419 Plans: RAMESH SARVA: Sarva- More You Should Know: RAMESH SARVA: Sarva- More You Should Know : Sarva has similarly made numerous false statements to his customers about the Sea Nine VEBA plan...
PDF]
Neonatology - U.S. Tax Court
www.ustaxcourt.gov/.../neonatology.tc.wpd.pdf
United States Tax Court
wholly owned company of Raymond G. Ankner (Mr. Ankner), who has worked in the.... Mr. Ankner designed the concept of conversion credits to allow the
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2 comments:
Lance WallachMarch 7, 2014 at 11:11 AM
Search Results RAMESH SARVA: Sarva- More You Should Know ...
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Lance Wallach
5 hours ago - RAMESH SARVA: Sarva- More You Should Know rameshsarvaveba.blogspot.com/2014/.../sarva-more-you-should-know.ht... Tuesday, January 7, 2014 ... Sarva ...
RAMESH SARVA - Help with Common IRS Problems - Blogger ...
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Lance Wallach
1 day ago - RAMESH SARVA - Help with Common IRS Problems - Blogger irstaxprobs.blogspot.com/.../ramesh-sarva-sarva-more-you-shou... by Lance Wallach - in 49 ...
Ramesh Sarva CPA PC - Forest Hills - Forest Hills, NY | Yelp
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RAMESH SARVA CPA PC, 10917 72ND RD, FOREST HILLS
ReplyDelete
ndian-American Accountant Held For Tax Fraud
ReplyDeleteNew York, April 23 (IANS) A US federal court has permanently barred Ramesh Sarva, an Indian-American certified public accountant in New York, from promoting and selling an alleged illegal nationwide tax