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Taxpayers must disclose their participation in these and other transactions by filing a Reportable Transactions Disclosure Statement (Form 8886) with their income tax returns

reportabletransactions3.blogspot.com/2012/12/tax... - Details

nitmarjodi: People that sell these plans are called material advisors and must also file 8918 forms properly. Failure to report the transactions could result in monetary penalties in excess of $10,000. Accountants who sign tax returns, which have these...

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Get Sued

reportabletransactions.blogspot.com/2011/06/get-... - Details

shaneshasha: The IRS is cracking down on what it considers to be abusive tax shelters. Many of them are being marketed to small business owners by insurance professionals, financial planners and even accountants and attorneys. These come in various versions,...

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lancewallach.com Blog | section 79

http://lancewallach.com/blog/tag/section-79 - Details

lorrainewilson: If you are, or were in a 412i, 419, captive insurance or section 79 plan you should immediately file under 6707A protectively.....

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