Saturday, March 3, 2012

How to best secure a tax refund from Ponzi Scheme losses


As of March 1, 2012 - this video introduction has been updated with valuable information from Tax Attorney, Richard S. Lehman, Esq.
Topics discussed in this seminar include: Ponzi schemes and theft loss, understanding the safe harbor, the theft loss, what is privity, amount of the theft loss deduction, phantom income, the year of discovery, amount of theft loss in the year of discovery, reasonable prospect of recovery, ascertainable standard, tax planning for maximum use of loss, quantifying the amount of the theft loss, the amended return, claw backs, estates and trusts, comparing safe harbor vs the law, tax planning