Another important heads up regarding Ponzi Schemes. This is good for people to be on the look out for - to avoid problems.
"IRS: Tax Preparer Wrongly Claimed Madoff-Like Losses" A professional who is being investigated for false tax refunds based on Ponzi Scheme losses.
Read full story here:
http://www.forbes.com/2010/04/19/irs-madoff-theft-loss-deduction-personal-finance-tax-preparer-sued.html?boxes=Homepagechannels
Richard S. Lehman ATTORNEY AT LAW - Central to the firm’s philosophy is the recognition that the tax laws do not exist in a vacuum. Legal and other professional disciplines often need to be woven together to assure a successful outcome. Consequently, the firm is regularly approached by and often works with the finest professionals in many areas of the law and the business world to untangle complex tax situations that require its specialized expertise.
Thursday, April 22, 2010
This is good for people to be on the look out for -- to avoid problems.
HEADS UP -- new bills in Congress right now that will give tax breaks to a very special class of Ponzi Scheme victims
There are several new bills in Congress right now that will give tax breaks to a very special class of Ponzi Scheme victims that would not otherwise have tax breaks. That is, that in the House and in the Senate there is legislation to permit Ponzi Scheme victims who have lost money in IRAs and other tax exempt plans to still claim tax deductions even though there is no loss of taxable income.
- Bi-Partisan Senate Bill Would Provide Tax Relief to Victims of Ponzi Investment Schemes read full article
- READ THE BILL: http://www.govtrack.us/congress/billtext.xpd?bill=s111-3166
Subscribe to:
Posts (Atom)