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IRS Audits and Lawsuits

02nd November 2012
419 and 412i plans being audits, insurance agents sued. 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 ... Read >
Author: Lance Wallach

419 Plans Attacked by IRS

02nd November 2012
Insurance agents and costs attacked. - Enrolled Agents Journal March*April - For years promoters of life insurance companies and agents have tried to find ways of claiming that the premiums paid by business owners were tax deductible. This allowed them to... Read >
Author: Lance Wallach

Financial Advisors and Car Insurance Brokers, Two Various Views About Car Insurance

02nd May 2012
Financial consultants are not in agreement with insurance agents about the stress that needs to be kept on limits of liability in motor vehicle insurance. Marketers like to outline the issues of price and insurance company rating, while financial consulta... Read >
Author: taz tuza

Tax Shelter Penalty Cases Hurt Thousands of Small Business Owners

03rd April 2012
Gerson Lehrman Group March, 2011 Analysis by: GLG Expert Contributor Lance Wallach Summary Insurance agents and others sell 412i, 419, captive insurance and section 79 plans to unsuspecting business owners. Since the IRS is calling these plans ab... Read >
Author: Lance Wallach

Become the Best Final Expense Insurance Agent

04th May 2011
Many insurance agents feel trapped in their jobs and are looking for a way out. Become an independent agent and be free from your captivity. Final expense insurance is the easiest insurance product to sell. It is in great demand, very simple to explain an... Read >
Author: Jody

Cheap Hidden Voice Recorder

21st April 2011
Keychain Voice Recorders are some of the best sound recording qizmos ever built - examine this article more if you've never used a listening device before.Have you ever used a keychain voice recorder? They are incredible voice recording units that are bar... Read >
Author: Sandy Ferrell

How to become a successful LIC Insurance Agent

10th November 2010
The job of an Insurance agent also called as insurance sales agent is the most challenging of all. They are a lot in demand now-a-days because of their ability to convince and sell insurance to a vast number of people. If you willing to have a rewarding c... Read >
Author: licforyou

Medicaid Compliant Annuity vs. Medicaid Friendly Annuity

19th October 2010
With so many annuities for Medicaid planning purposes now being offered by way of insurance agents, financial planners, and insurance companies, I feel that it is necessary to distinguish the products offered by Krause Financial Services from the group. ... Read >
Author: Dale Krause

Exclusive or Non-exclusive which agent to use.

06th October 2010
When people think about buying insurance, chances are the first thought that comes to your mind is a national insurance company, one that is advertised everywhere, running a television commercial every few minutes. While widely known can be a good option ... Read >
Author: Jeremy

How to be a successful Introducing Broker

24th September 2010
Anyone can try their hand a being an Introducing Broker (IB), but those who tend to be successful at it are those who know the foreign exchange industry well – and being well connected doesn’t hurt either. People or companies interested in Forex trading ... Read >
Author: george kasper

How to Get Fined $100,000 by the IRS and Lose Your License - Accountants, Insurance Agents

24th September 2010
By Lance Wallach, CLU, ChFC and Ira Kaplan, Esq., CPA, MBA Over the past decade, business owners have been overwhelmed by a plethora of arrangements designed to reduce the cost of providing employee benefits and taxes, while simultaneously increasin... Read >
Author: Lance Wallach

myNetworkingPro in Review

21st September 2010
Review: Alternate sources of Income Whether you are looking for full time income or part time supplemental income, the following write up on myNetworkingPro will help you get started in the right direction.... Read >
Author: Rosarch

Don't Drive without Auto Insurance in Virginia

10th March 2009
The economy is dragging down many people all over the world, and this is definitely the case in the state of Virginia. With money becoming so tight, there are a lot of residents who are no longer paying for auto insurance. But guess what? They are still d... Read >
Author: Robert Palmer
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