Abusive Insurance, Welfare Benefit, and Retirement Plans

Abusive Insurance, Welfare Benefit, and Retirement Plans: Published in Tax Practice: Tax Notes    March 2, 2009    By Lance Wallach   The IRS has various task forces auditing all section 419, section 412(i), and other plans that tend to be abusive.  These plans are sold by most insurance agents.  The IRS is looking to raise money and is not looking to correct plans or help taxpayers.  The fines for being...