Many agents sell indexed universal life insurance dishonestly. IUL are permanent policies which are often sold with exacerbated projection and inflated promises. IUL products have a lot more risk than whole life, and oftentimes that risk is not explained to the prospective insurance buyer. The product is hard to understand and the sales illustrations are […]
Category: Life Insurance
Caution Before Filing For Employee Retention Credit (ERC)
The Internal Revenue Service today issued a renewed warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit as promoters continue pushing ineligible people to file. The IRS continues to see third parties aggressively promoting these ERC schemes on radio and online. These promoters charge large upfront […]
IRS Secrets You Should Know
Find out how to protect yourself and your business from pricey fines and audits. IRS Secrets You Should Know by Lance Wallach
Life Insurance Expert Witness, Lance Wallach
Life insurance
DOLAN MEDIA NEWSWIRES
Dolan Media Newswires 01/22/2010 Small Business Retirement Plans Fuel Litigation Small businesses facing audits and potentially huge tax penalties over certain types of retirement plans are filing lawsuits against those who marketed, designed and sold the plans. The 412(i) and 419(e) plans were marketed in the past several years as a way for small business […]