Showing posts with label tax expert. Show all posts
Showing posts with label tax expert. Show all posts
▶ Tax Expert Lance Wallach Speaking at Attorney CPA Convention - Video Dailymotion
▶ Tax Expert Lance Wallach Speaking at Attorney CPA Convention - Video Dailymotion
It could be you.
I am a Third Party Administrator and am asking for your help. One of my clients with 4 employees who
simply funded a retirement plan with $500,000 recently endured a 5.5 year IRS audit of his 412 (i)
pension plan. Upon completion of the audit the client owes $55,000 in income taxes for 2004-2006 and
has refunds from 2007-2008 of $55,000 (timing difference only). He owes about $30,000 in blackmail
money (He really should owe nothing!). The SBSE income tax agent has threatened to assess $800,000
in penalties under Code Section 6707a. The IRS is far exceeding their authority in assessing the 6707a
penalty this is totally prosecutorial abuse. WE must put a stop to this! My client cooperated and acted in
good faith and did file the form 8886 (Maybe not 100% correctly but none the less, he did file the
necessary forms).……
Dennis Cunning
It could be you.
I am a Third Party Administrator and am asking for your help. One of my clients with 4 employees who
simply funded a retirement plan with $500,000 recently endured a 5.5 year IRS audit of his 412 (i)
pension plan. Upon completion of the audit the client owes $55,000 in income taxes for 2004-2006 and
has refunds from 2007-2008 of $55,000 (timing difference only). He owes about $30,000 in blackmail
money (He really should owe nothing!). The SBSE income tax agent has threatened to assess $800,000
in penalties under Code Section 6707a. The IRS is far exceeding their authority in assessing the 6707a
penalty this is totally prosecutorial abuse. WE must put a stop to this! My client cooperated and acted in
good faith and did file the form 8886 (Maybe not 100% correctly but none the less, he did file the
necessary forms).……
Dennis Cunning
Subscribe to:
Posts (Atom)