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. I speak at numerous conventions, for both business owners and accountants. After I speak, I am always approached by people from the audience who have questions about tax reduction plans that they have heard about.
Be Careful of Abusive 419(e) Welfare Benefit Plans
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