Lance Wallach and his associates provide Expert Witness Services
Lance Wallach Financial Group is a group of Expert Witness, Consulting, and Advisory Services provided by Lance Wallach and associates. Lance has impeccable credentials and 35 years of extensive professional experience addressing insurance, financial planning, pension plan, welfare benefit plan, and tax matters.
Lance Wallach and his associates provide Expert Witness Services in federal courts, state courts, and arbitration venues throughout the United States. Lance also provides Consulting and Advisory Services to clients for non-litigation matters. She addresses technical and complex issues involving:
- Insurance and Annuity Matters
- §412(i) and §412(e)(3) Defined Benefit Pension Plans
- §419(e) and §419A(f)(6) Welfare Benefit Plans, and VEBA Plans
- Financial Planning
- Tax Matters
Lawyer4audits.com
Vebaplan.Org
About Me
Lance Wallach
nation’s leading expert on employee benefit plans,
tax problem resolution and IRS audit defense.
teaching professionals & a renowned national
expert in many court cases. He is the author of
many best selling financial & law books, including:
National Society of Accountants
Gift Taxation” published by Bisk
Financial & Estate planning.”
Bisk CPEasy
and Common Abusive Small Businesss Hot
spots by the AICPA, author/moderator
Lance Wallach
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Life Insurance_The Bottom Line
Ill health has left your mother unable to care for herself.
She needs home care to get by.Thankfully she purchased
a long-term care insurance policy over a decade ago and
has been faithfully paying the premiums ever since. She
was determined her children should not suffer the
burden of paying for her care later in life.
But the payment from the insurance company never
arrives.You call the insurance company over and over
and send them document after document.They deny
the claim, citing reasons from“the claim is too late,” to
“you did not fill out the paperwork,” to“you filled out
the wrong paperwork.”The denials change each time,
often citing provisions in the policy that do not exist,
and often contradicting previous denials.Meanwhile,
the cost of the care has quickly depleted your mother’s
savings, and now the bills fall to you,the very prospect
she sought to avoid.
412(e)(3) Plans and Annuities
Posted by Lance Wallach at 11:48 AM
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The expert on IRS audits of 419e and 412i plans, 6707A, listed and reportable transactions,Section 79, captive insurance and abusive tax shelters
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MARCH 14, 2014 BY LANCEWALLACH
FBAR_OVDI & 419 Plans Litigation http://ow.ly/uz0ze
412i, 419e plans litigation and IRS Audit Experts for abusive insurance based plans deemed reportable or listed transactions by the IRS.
When the IRS assesses tax debt penalties, those penalties are added automatically to the taxpayer’s account by the IRS computer system. Because of this, penalties are frequently added to a taxpayer’s debt without taking his or her individual circumstances into account. And as you may have already discovered, IRS Tax Penalties can turn a fairly manageable debt into an overwhelming burden pretty much overnight.
A proper Penalty Abatement requires very specific wording and a solid understanding of the relevant IRS Code and Procedure. Even if you had a good reason for not paying your taxes on time, it is often extremely difficult to get these penalties removed without professional help.
In 2012, the IRS issued over $26,864,993,000.00 (that’s 26.9 Billion Dollars) in penalties!
Requesting a Penalty Abatement requires that you have a good reason. What qualifies as a good reason?
It depends on the circumstances involved with your particular situation.
The procedures for deciding who qualifies for a Penalty Abatement and for what reason seem to differ in each case.
The best thing you can do is to request that the IRS abate your penalties by providing the circumstances surrounding your situation.
Posted by Lance Wallach at 10:20 AM
Labels: IRS, IRS Penalty, lance Wallach, Lance Wallach Exp
Specific Issues, Check Out The
Websites Below
ExpertTaxAdvisors.org
ReportableTransaction.com
ListedTransactions.com
Attorneys-usa.org TaxLibrary.us
VebaPlan.orgLawyer4Audits.com
irsform8886.com
irs6707apenalty.com
Section79plan.org
Financial and Insurance Experts
Ex-IRS Agents
Certified Fraud Examiners
Other Leading Authorities
FBAR OVDI International Taxes
Lance Wallach: For Expertise You Won’t Find Anywhere Else
scams. Fortunately, Lance Wallach and his team are here to help you protect your assets and
keep the IRS out of your pockets!
but the difference is that Lance Wallach wrote the books on life insurance as well as
financial and estate planning that the other consultants learned from!
the one who teaches them – Lance Wallach!