Large IRS Fines Continue For 419, 412i, Captive Insurance and Section79 Plans | Section 79 Plans

Large IRS Fines Continue For 419, 412i, Captive Insurance and Section79 Plans | Section 79 Plans: Taxpayers must report certain transactions to the IRS under Section 6707A of the Tax Code, which was enacted in 2004 to help detect, deter, and shut down abusive tax shelter activities. For example…

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