As an expert witness Lance Wallach side has never lost a case: Specializing in 419, 412i, benefit plan assistance...

As an expert witness Lance Wallach side has never lost a case: Specializing in 419, 412i, benefit plan assistance...: Specializing in 419, 412i, benefit plan assistance, audits & Abusive tax shelters "America's leading Tax  representing Firm &q...

Lance Wallach and his associates provide Expert Witness Services

Posted on January 9, 2014

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

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KENNETH ELLIOT: Sea Nine VEBA Important

KENNETH ELLIOT: Sea Nine VEBA Important: As of August 23,2013, the IRS has closed audits of 12 Sea Nine VEBA plan-participating taxpayers who were referred to Sea Nine by Sarva. For...

Help with Common IRS Problems

Wednesday, April 16, 2014

412(e)(3) Plans and Annuities

On August 1, 2012, a putative class action lawsuit was filed in the District of Connecticut challenging the propriety of certain insurance contracts used to fund defined benefit plans described in section 412(e)(3) of the Internal Revenue Code. U.S. Telemanagement, Inc. v. Fidelity Security Life Insurance Co. et al., No. 3:12-cv-1110 JBA (D. Conn.). Because we perceive that the complaint is attacking the appropriateness of the product, as well as the specifics of the product that the named defendant sold, it is a lawsuit that potentially could have industry-wide implications. In addition, as plaintiffs in some of the ERISA revenue-sharing lawsuits have attempted to do, the complaint alleges that the insurance company that sold the annuities acted as an ERISA fiduciary of the plans. This lawsuit thus extends the attack on insurance companies, as seen in the revenue-sharing class actions, that attempts to convert service providers into fiduciaries.

Lance Wallach - Artcles - 419e 412i, tax shelters, IRS penalties, audits

Lance Wallach - Artcles - 419e 412i, tax shelters, IRS penalties, audits: IRS fines for being in listed transctions of 419e, 412i employee benefit plans, abusive tax shelters - tax shelters, "tax shelter fraud", 419e, 412i, 419, 412,irs audits, irs penalties, 6707a, 6707

Articles: How to get fines by the IRS: 419e 412i, tax shelters, IRS penalties, audits

Articles: How to get fines by the IRS: 419e 412i, tax shelters, IRS penalties, audits: tax shelters, "tax shelter fraud", 419e, 412i, 419, 412, listed transactions, irs audits, irs penalties, 6707a, 6707, defined benefit, pension plans, material advisors, tax shelters, retirement plans, insurance, insurance expert, life insurance, cpa, lawyers, attorneys

Lance Wallach - Article: AT&T& Verizon Unions Deal withRetireeCosts

Lance Wallach - Article: AT&T& Verizon Unions Deal withRetireeCosts: AT&T Inc., the biggest U.S. phonecompany, and No. 2 Verizon Communications Inc. may follow General Motors Corp. in trying to shift retiree health-care liabilities to a union-run fund, a move that has helped boost GM's shares 39 percent this year

This Can Happen to You - HGExperts.com

This Can Happen to You - HGExperts.com: Several years ago at the advice of an accountant or investment advisor a client adopts a defined benefit plan for her business. She did so because she had been advised that under this type of plan she

(16) LinkedIn

(16) LinkedIn

We wrote the book on life insurance

We wrote the book on life insurance: he Lance Wallach advantage is credibility, experience & trust !!

Many advisory firms offer financial planning and investment services, but
the difference is that Lance Wallach wrote the books on Life Insurance,
and Financial & Estate planning that the other consultants learned from!

If you want to sleep soundly at night, don't go to the students for your
financial answers, go to the one who teaches them, Lance Wallach!

For the past 25 years, successful businesses and individuals have turned
to Lance Wallach and his team for assistance, and they are glad they did!













TESTIMONIALS

His research and insights have proved right on the
money!”
February 21, 2011
Debra Rothberg,

“Lance is extraordinarily intelligent. He has few
peers, if any, in his area of expertise. I
unhesitatingly recommend Lance.”
June 3
Gary Lesser, Owner, GSL Galactic Consulting

“Excellent results, Google him”
May 27
Larry Wilconsin,

“Lance is a true expert on VEBA Plans. Five years ago,
he took the call of a total stranger, and in doing so, he
spent an hour helping me solve my client's problem.
During the past five years Lance consistently proven to be
a valuable resource for me and my practice.

Small Business Owner's Guide to Tax Reduction: Captive Insurance and Other Tax Reduction Strategies – The Good, Bad, and Ugly

Small Business Owner's Guide to Tax Reduction: Captive Insurance and Other Tax Reduction Strategies – The Good, Bad, and Ugly: By Lance Wallach NSA: Member Link; May 14, 2008. Every accountant knows that increased cash flow and cost savings are critical for business...