412i-419 Plans: RAMESH SARVA: SARVA

412i-419 Plans: RAMESH SARVA: SARVA: RAMESH SARVA: SARVA : Defendants have also directly and indirectly promoted the VEBA plan scheme to prospective participants. Sarva for his ...

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  1. 412i-419 Plans
    419 & 412i benefit plan,abusive tax shelters, Lance Wallach Expert Witness

    Friday, March 7, 2014
    KENNETH ELLIOT: Sea Nine VEBA Important
    KENNETH ELLIOT: Sea Nine VEBA Important: As of August 23,2013, the IRS has closed audits of 12 Sea Nine VEBA plan-participating taxpayers who were referred to Sea Nine by Sarva. For...



    Kenneth Elliot
    Defendant Kenneth Elliot personally and through both his employment with co-defendant Sea Nine Associates, Inc., a number of related entities he controls ( KAE Insurance Services, Inc., Vista Barranca, Inc., and Kae Consulting) and a network of affiliated third parties (e.g. independent certified public accountants,and financial planners) informs potential participating companies that participating in a Veba plan provides them with a lucrative and tax advantage method to accrue wealth.
    Posted by lance wallach at 5:54 AM
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    Steve FinnellMarch 7, 2014 at 5:55 AM
    GOD ANSWERS PRAYER

    In February 2014 I had a biopsy that revealed that I had cancer (melanoma). I had surgery to remove the melanoma. The results were that there was no melanoma before surgery. God cured my cancer before surgery. I thank everyone for your prayers. God does answer prayers. GOD IS GREAT.


    YOU ARE INVITED TO FOLLOW MY BLOG. http://steve-finnell.blogspot.com

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    Lance WallachMarch 10, 2014 at 11:48 AM
    Lance Wallach

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  2. lance wallach has never lost a case

    RAMESH SARVA: Sarva- More You Should Know
    RAMESH SARVA: SARVA

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  3. 412i-419 Plans
    419 & 412i benefit plan,abusive tax shelters, Lance Wallach Expert Witness

    Friday, March 7, 2014
    KENNETH ELLIOT: Sea Nine VEBA Important
    KENNETH ELLIOT: Sea Nine VEBA Important: As of August 23,2013, the IRS has closed audits of 12 Sea Nine VEBA plan-participating taxpayers who were referred to Sea Nine by Sarva. For...



    Kenneth Elliot
    Defendant Kenneth Elliot personally and through both his employment with co-defendant Sea Nine Associates, Inc., a number of related entities he controls ( KAE Insurance Services, Inc., Vista Barranca, Inc., and Kae Consulting) and a network of affiliated third parties (e.g. independent certified public accountants,and financial planners) informs potential participating companies that participating in a Veba plan provides them with a lucrative and tax advantage method to accrue wealth.
    Posted by lance wallach at 5:54 AM
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    3 comments:

    Steve FinnellMarch 7, 2014 at 5:55 AM
    GOD ANSWERS PRAYER

    In February 2014 I had a biopsy that revealed that I had cancer (melanoma). I had surgery to remove the melanoma. The results were that there was no melanoma before surgery. God cured my cancer before surgery. I thank everyone for your prayers. God does answer prayers. GOD IS GREAT.


    YOU ARE INVITED TO FOLLOW MY BLOG. http://steve-finnell.blogspot.com

    ReplyDelete

    Lance WallachMarch 10, 2014 at 11:48 AM
    Lance Wallach
    Shared publicly - Jan 21, 2014

    RAMESH SARVA

    Tuesday, January 7, 2014
    SARVA
    Defendants have also directly and indirectly promoted the VEBA plan scheme to prospective participants. Sarva for his part has been marketing Sea Nine's VEBA plans to customers across the United States for nearly 30 years- even before Elliot became involved- and continues to do this today.
    Posted by Lance Wallach at 1:30 PM 2 comments:
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    Labels: Kae Consulting, Kenneth Elliot, Ramesh Sarva, Sarva, Sea Nine Veba, Vista Barranca
    Sarva- More You Should Know
    Sarva has similarly made numerous false statements to his customers about the Sea Nine VEBA plans despite his notice that th

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    lance wallachMarch 12, 2014 at 5:40 AM

    KENNETH ELLIOT

    Tuesday, January 7, 2014
    Sea Nine VEBA Important
    As of August 23,2013, the IRS has closed audits of 12 Sea Nine VEBA plan-participating taxpayers who were referred to Sea Nine by Sarva. For those taxpayers alone , the IRS assessed a total of $4,852,106in additional taxes, or an average additional tax of $404,342 per audit. Because Sarva has acknowledged directing atleast 40 of his customers to Sea Nine , the total amount of harm to the Treasury he has caused through promotion of improper VEBA plans is likely almost four times higher.
    Posted by Lance Wallach at 1:24 PM
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    Labels: Kae Consulting, Kae Insurance Service, Kenneth Elliot, Ramesh Sarva, Sea Nine Associates, Sea Nine Veba
    9 comments:

    Lance WallachFebruary 6, 2014 at 6:17 AM
    he IRS and U.S. Department Justice Department have a special relationship with welfare benefit plan promoters and the brokers and insurance agents that sell them. They hate them. For over a decade, the IRS has declared that many welfare benefit plans are fraudulent and abusive tax shelters. Many of the promoters are now out of business or under criminal investigation (or both). Last month’s announcement by DOJ of new enforcement actions within the “industry” therefore comes as no surprise. The customers who bought these plans, however, might be in for a rude aw

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