Sunday, October 20, 2019
How To Avoid the Fines — Section 79 Plans
How To Avoid the Fines — Section 79 Plans: In order to avoid substantial IRS fines, business owners and material advisors involved in the sale of Section 79 type plans must properly file under Section 6707A. More often than not, filing isn’t enough. Many times the IRS assesses fines on clients whose accountants did file the form yet filed it with a simple unintentional…
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