Contact Lance Wallach and his team of tax attorneys and former IRS agents before it's too late.
In January of 2017, the IRS identified certain easement transactions as “listed transactions.” What this means is that the IRS has determined certain easement transactions are characterized as illegal tax shelters. The failure to disclose a “listed transaction” on a tax return can result in severe civil and criminal penalties. Disclosing a “listed transaction” on a tax return guarantees an IRS audit. The notice issued by the IRS does not change the law regarding conservation easements.
Lance Wallach, National Society of Accountants Speaker of the Year and member of the AICPA faculty of teaching professionals is a frequent speaker on abusive tax shelters, Captive Insurance and Conservation Easements. He speaks at more than ten conventions annually and writes for over fifty publications. He also is quoted regularly in the press and has been featured on television and radio financial talk shows including NBC, National Public Radio’s All Things Considered and others. Lance Wallach has written numerous books, including Protecting Clients from Fraud, Incompetence and Scams published by John Wiley and Sons, Bisk Education’s CPA’s Guide to Life Insurance and Federal Estate Gift Taxation and the AICPA best-selling books, Including Avoiding Circular 230 Malpractice Traps and Common Abusive Small Business Hot Spots, Sid Kess Practical Alternatives to Commonly Misused and Abused Small Business Tax Strategies: Insuring Your Client’s Future by the Author/Moderator: Lance Wallach, CLU, CHFC, CIMC
Lance Wallach does expert witness testimony and has never lost a case!
Contact Lance Wallach at 516.938.5007