Tag: Tax Shelter Scam

Business Owners Beware of Tax Shelter Pitches

Companies considering insurance plans that offer significant tax benefits should be on their guard.  Negligent and unscrupulous tax shelter promoters could leave them – as they left a pair of Tampa small business owners — facing back taxes, fines and fees from the IRS as well as expensive and unnecessary insurance. When properly designed and administered, Section 419 plans —so named because the law regarding them is found in Section […]

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