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https://plus.google.com/.../posts/UqB9WPjmexy Lance Wallach 5 hours ago - RAMESH SARVA: Sarva- More You Should Know rameshsarvaveba.blogspot.com/2014/.../sarva-more-you-should-know.ht... Tuesday, January 7, 2014 ... Sarva ... RAMESH SARVA - Help with Common IRS Problems - Blogger ...
https://plus.google.com/.../posts/URfh8UVQU2b Lance Wallach 1 day ago - RAMESH SARVA - Help with Common IRS Problems - Blogger irstaxprobs.blogspot.com/.../ramesh-sarva-sarva-more-you-shou... by Lance Wallach - in 49 ... Ramesh Sarva CPA PC - Forest Hills - Forest Hills, NY | Yelp www.yelp.com › Financial Services › Tax Services Yelp, Inc. Ramesh Sarva CPA PC Forest Hills reviews by real people. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Forest ... You've visited this page 2 times. Last visit: 1/6/14 RAMESH SARVA CPA PC, 10917 72ND RD, FOREST HILLS
Indian American’s tax scheme that promised benefits, loans on life insurance has the DoJ frowning April 23, 2014
Court bars Ramesh Sarva from the scheme.
By Deepak Chitnis
WASHINGTON, DC: Ramesh Sarva, a Certified Public Accountant (CPA) in New York, has been barred from actively promoting a nationwide tax scheme he allegedly was pitching to clients of his.
A US federal court said on Tuesday that Sarva could no longer try and sign clients up for the apparently illegal scheme, the details of which sound almost too good to be true. Sarva, who resides in Little Neck, New York, has agreed to the injunction levied against him by Judge Josephine L. Station, of the US District Court for the Central District of California.
According to the Department of Justice, Sarva sold his customers a life insurance welfare benefits plan that allowed them to unlawfully claim significant tax deductions that they were unqualified for. On top of that, these people would have access to the entire value of the contributions they made towards their life insurance policy, by taking out loans against it.
“Sarva’s promotion of these unlawful welfare benefit plans deprived the U.S. Treasury of significant amounts of tax and subjected his customers to audits and IRS scrutiny,” said the Department of Justice, in a press release.
The injunction against Sarva bars him from promoting and selling any kind of welfare benefit plans. Additionally, Sarva will have to furnish the US government with a list of all of his customers, regardless of if they were part of this life insurance tax scheme, and Sarva will have to send a copy of the injunction to all of his customers, so that
Search Results RAMESH SARVA: Sarva- More You Should Know ...
ReplyDeletehttps://plus.google.com/.../posts/UqB9WPjmexy
Lance Wallach
5 hours ago - RAMESH SARVA: Sarva- More You Should Know rameshsarvaveba.blogspot.com/2014/.../sarva-more-you-should-know.ht... Tuesday, January 7, 2014 ... Sarva ...
RAMESH SARVA - Help with Common IRS Problems - Blogger ...
https://plus.google.com/.../posts/URfh8UVQU2b
Lance Wallach
1 day ago - RAMESH SARVA - Help with Common IRS Problems - Blogger irstaxprobs.blogspot.com/.../ramesh-sarva-sarva-more-you-shou... by Lance Wallach - in 49 ...
Ramesh Sarva CPA PC - Forest Hills - Forest Hills, NY | Yelp
www.yelp.com › Financial Services › Tax Services
Yelp, Inc.
Ramesh Sarva CPA PC Forest Hills reviews by real people. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Forest ...
You've visited this page 2 times. Last visit: 1/6/14
RAMESH SARVA CPA PC, 10917 72ND RD, FOREST HILLS
RAMESH SARVA
ReplyDeleteIndian American’s tax scheme that promised benefits, loans on life insurance has the DoJ frowning
ReplyDeleteApril 23, 2014
Court bars Ramesh Sarva from the scheme.
By Deepak Chitnis
WASHINGTON, DC: Ramesh Sarva, a Certified Public Accountant (CPA) in New York, has been barred from actively promoting a nationwide tax scheme he allegedly was pitching to clients of his.
A US federal court said on Tuesday that Sarva could no longer try and sign clients up for the apparently illegal scheme, the details of which sound almost too good to be true. Sarva, who resides in Little Neck, New York, has agreed to the injunction levied against him by Judge Josephine L. Station, of the US District Court for the Central District of California.
According to the Department of Justice, Sarva sold his customers a life insurance welfare benefits plan that allowed them to unlawfully claim significant tax deductions that they were unqualified for. On top of that, these people would have access to the entire value of the contributions they made towards their life insurance policy, by taking out loans against it.
“Sarva’s promotion of these unlawful welfare benefit plans deprived the U.S. Treasury of significant amounts of tax and subjected his customers to audits and IRS scrutiny,” said the Department of Justice, in a press release.
The injunction against Sarva bars him from promoting and selling any kind of welfare benefit plans. Additionally, Sarva will have to furnish the US government with a list of all of his customers, regardless of if they were part of this life insurance tax scheme, and Sarva will have to send a copy of the injunction to all of his customers, so that