Wednesday, October 3, 2012

Internal Revenue Service offers major tax benefit to Ponzi Scheme Clawback Payments

ATTN: PONZI Scheme Victims -- The most recent Internal Revenue Service ruling allows clawback victims of Ponzi schemes to maximize their tax refunds and deduct their losses in years that would otherwise be closed by the Statute of Limitations. This is in the event the deductions are more valuable in the earlier years for purposes of tax refunds.
http://www.irs.treas.gov/uac/FAQs-Related-to-Ponzi-Scenarios-for-Clawback-Treatment

In addition, to make you aware of the new Internal Revenue Service positive position, I would also like to direct you to an article that describes completely the advantages of how to make use of Code Section 1341 "Favorable Tax Consequences – Ponzi Schemes And The Clawback"

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