You've worked hard to build a successful business, and now you might not be too sure if things are going well. We have the information you need to stay ahead in the ever changing financial world.
FACT - "The Federal Tax Code is composed of 45,662 pages that require taxpayers to choose from 703 different forms. The Internal Revenue Code has grown to almost 1.4 million words today and is now 500,000 words longer than the Bible." When it comes to taxes, we have consistently found that most small businesses are merely doing year-end compliance work. Year-end tax compliance is what the IRS requires of a business. Basically, your accountant subtracts your expenses from your revenues, throws in the standard deductions and tells you how much you owe Uncle Sam. Does this sound familiar?
Small businesses should, like big businesses, properly structure their organizations to take advantage of the tax code. They should learn the tax reducing opportunities afforded to all businesses, both big and small. Tax Law Associates provides tax expertise that enables the small business owner to legally hold on to a considerably higher percentage of his earnings.
On average, we reduce our clients' tax burdens by 20% to 40%. In fact, if after a complimentary verification of a client's tax disposition, we determine that we cannot reduce his full year tax payout by more than twice our one time fee, we walk away with no obligation to the client. We are so confident in our abilities that we will sign our name to a binding agreement assuring the client those tax savings.
FACT - "The Federal Tax Code is composed of 45,662 pages that require taxpayers to choose from 703 different forms. The Internal Revenue Code has grown to almost 1.4 million words today and is now 500,000 words longer than the Bible." When it comes to taxes, we have consistently found that most small businesses are merely doing year-end compliance work. Year-end tax compliance is what the IRS requires of a business. Basically, your accountant subtracts your expenses from your revenues, throws in the standard deductions and tells you how much you owe Uncle Sam. Does this sound familiar?
Small businesses should, like big businesses, properly structure their organizations to take advantage of the tax code. They should learn the tax reducing opportunities afforded to all businesses, both big and small. Tax Law Associates provides tax expertise that enables the small business owner to legally hold on to a considerably higher percentage of his earnings.
On average, we reduce our clients' tax burdens by 20% to 40%. In fact, if after a complimentary verification of a client's tax disposition, we determine that we cannot reduce his full year tax payout by more than twice our one time fee, we walk away with no obligation to the client. We are so confident in our abilities that we will sign our name to a binding agreement assuring the client those tax savings.
Like us on FacebookFollow us on TwitterView our profile on LinkedIn 200K Report Lance Wallach 419, 412i, Section 79, Captive Insurance
In This Issue... Warning!_419,412i,Sec. 79 Small Business Retirement Plans Fuel Litigation 419,412i,Captive Insurance The Dangers of being "listed" If you are suffering from "tax problems" regarding "welfare benefit plan audits" and need 412i and "419 plan help", assistance with captive insurance, Section 79 plans, listed or reportable transactions, or IRC 6707A, you need Lance Wallach's "expert witness testimony" on your side.
Warning! Taxpayers Who Have Adopted 419, 412i, Sec. 79 and Captive Insurance Plans Beware. Mahany
Warning! Taxpayers Who Have Adopted 419, 412i, Sec. 79 and Captive Insurance Plans Beware.
The Internal Revenue Service has declared an all out war on what they deem as fraudulent tax shelters. Unfortunately in their zeal to close the tax gap, many legitimate taxpayers find themselves in the crosshairs of the IRS. Regulators view many 419, 412i, Section 79 and captive insurance plans as abusive tax shelters. That has given rise to the dreaded "listed transaction" designation.
These plans are often sold by insurance agents, CPA's and financial planners. They have legitimate business uses and can shelter some income from tax. Unfortunately, some promoters have abused these plans subjecting their clients to audits, additional tax, penalties and interest.
ReplyDeleteFACT - "The Federal Tax Code is composed of 45,662 pages that require taxpayers to choose from 703 different forms. The Internal Revenue Code has grown to almost 1.4 million words today and is now 500,000 words longer than the Bible."
When it comes to taxes, we have consistently found that most small businesses are merely doing year-end compliance work. Year-end tax compliance is what the IRS requires of a business. Basically, your accountant subtracts your expenses from your revenues, throws in the standard deductions and tells you how much you owe Uncle Sam. Does this sound familiar?
Small businesses should, like big businesses, properly structure their organizations to take advantage of the tax code. They should learn the tax reducing opportunities afforded to all businesses, both big and small. Tax Law Associates provides tax expertise that enables the small business owner to legally hold on to a considerably higher percentage of his earnings.
On average, we reduce our clients' tax burdens by 20% to 40%. In fact, if after a complimentary verification of a client's tax disposition, we determine that we cannot reduce his full year tax payout by more than twice our one time fee, we walk away with no obligation to the client. We are so confident in our abilities that we will sign our name to a binding agreement assuring the client those tax savings.
FACT - "The Federal Tax Code is composed of 45,662 pages that require taxpayers to choose from 703 different forms. The Internal Revenue Code has grown to almost 1.4 million words today and is now 500,000 words longer than the Bible."
DeleteWhen it comes to taxes, we have consistently found that most small businesses are merely doing year-end compliance work. Year-end tax compliance is what the IRS requires of a business. Basically, your accountant subtracts your expenses from your revenues, throws in the standard deductions and tells you how much you owe Uncle Sam. Does this sound familiar?
Small businesses should, like big businesses, properly structure their organizations to take advantage of the tax code. They should learn the tax reducing opportunities afforded to all businesses, both big and small. Tax Law Associates provides tax expertise that enables the small business owner to legally hold on to a considerably higher percentage of his earnings.
On average, we reduce our clients' tax burdens by 20% to 40%. In fact, if after a complimentary verification of a client's tax disposition, we determine that we cannot reduce his full year tax payout by more than twice our one time fee, we walk away with no obligation to the client. We are so confident in our abilities that we will sign our name to a binding agreement assuring the client those tax savings.
ReplyDelete
ReplyDeleteLike us on FacebookFollow us on TwitterView our profile on LinkedIn
200K Report
Lance Wallach 419, 412i, Section 79, Captive Insurance
In This Issue...
Warning!_419,412i,Sec. 79
Small Business Retirement Plans Fuel Litigation
419,412i,Captive Insurance
The Dangers of being "listed"
If you are suffering from "tax problems" regarding "welfare benefit plan audits" and need 412i and "419 plan help", assistance with captive insurance, Section 79 plans, listed or reportable transactions, or IRC 6707A, you need Lance Wallach's "expert witness testimony" on your side.
Warning! Taxpayers Who Have Adopted 419, 412i, Sec. 79 and Captive Insurance Plans Beware.
Mahany
Warning! Taxpayers Who Have Adopted 419, 412i, Sec. 79 and Captive Insurance Plans Beware.
The Internal Revenue Service has declared an all out war on what they deem as fraudulent tax shelters. Unfortunately in their zeal to close the tax gap, many legitimate taxpayers find themselves in the crosshairs of the IRS. Regulators view many 419, 412i, Section 79 and captive insurance plans as abusive tax shelters. That has given rise to the dreaded "listed transaction" designation.
These plans are often sold by insurance agents, CPA's and financial planners. They have legitimate business uses and can shelter some income from tax. Unfortunately, some promoters have abused these plans subjecting their clients to audits, additional tax, penalties and interest.