Severe Penalties for Accountants: 419 Welfare Benefit 412i Retirement Plans

Severe Penalties for Accountants: 419 Welfare Benefit 412i Retirement Plans

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  1. We have received numerous calls from taxpayers who are under audit with the IRS with respect to their participation in the Sea Nine VEBA, a 419A(f)(6) multiple employer welfare benefit plan. The IRS audits are generally managed in one of several upstate New York offices of the IRS.

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