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Hello Dear, I am Ms Aman Laurent, 23 years old, a medical student, my father of blessed memory by name late Dr.Laurent Norma who was the a manager with CNPC oil company at the Khartoum refinery in Sudan, was killed along side with my beloved mother and only brother. Our family house burnt down by the rebels during the last crisis in my country i am now writing you from Bobo-Dioulasso Burkina-Faso where i escaped through road, and now seeking asylum in a private charity organization under St Johns Church here in Bobo-Dioulasso Burkina-Faso, you can find more of my story through the following site on the netbbc news http://news.bbc.co.uk/2/hi/ africa/6469857.stm So i am now in search of an honest and reliable person who will help to relocate me in any of the western or any other place in the world, for a better life and to continue my studies, i have chosen to contact you after going through your profile and i believe you are a reliable person who will not let me down or betray my trust i know you may wonder why i am so soon telling you about all this, even without seeing or knowing you fully well, really something in me tells me that you are a good person and i guess i am not wrong. Briefly i will like to disclose little more about myself to you and see if you can help me to relocate to your country so as to continue with my studies and have a new life, and please this is a little secrete and i plead with you to keep it to yourself alone until everything is properly arranged and executed, then i will come over to join you in your country i have the sum of $9.4 Million as an inheritance from my late father which i will like to invest in your country with your help, the reason why i need your help is based on the instruction my late father gave to the bank to release the fund to me at the age of 23 or through a foreigner who can help me to invest the fund wisely, i can not b able to make this claim because of my refugee status. This fund is deposited in my late father's bank account with one of the banks here in Burkina-Faso and i am going to give you all the details / contact because i want the money to be transferred to your account before i come over to join you in your country, i need your urgent answer of your ability to handle this for me so that i will tell you the next step because i want to leave this refugee camp as soon as possible, life here is to me a hell, no love, no affection and no amenities, more importantly, i love my studies and here nothing is happening and people here are not friendly, i am really suffering in this place, it is too painful, but i hope with your help to transferring the fund in your account, i will have a better life to liveso kindly let me know your readiness to help me and i promise to always be nice and faithful to you i will send you send you a copy of mine photo as soon i receive our positive respond . thank you and God bless you sincerely yours, Ms Aman Laurent |
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The IRS in Notice 2007-83 identified as listed transactions certain trust arrangements involving cash-value life insurance policies. Revenue Ruling 2007-65, issued simultaneously, addressed situations where the tax deduction has been disallowed, in part or in whole, for premiums paid on such cash-value life insurance policies. Also simultaneously issued was Notice 2007-84, which disallows tax deductions and imposes severe penalties for welfare benefit plans that primarily and impermissibly benefit shareholders and highly compensated employees.
Taxpayers participating in these listed transactions must disclose such participation to the Service by January 15. Failure to disclose can result in severe penalties--- up to $100,000 for individuals and $200,000 for corporations.
Ruling 2007-65 aims at situations where cash-value life insurance is purchased on owner/employees and other key employees, while only term insurance is offered to the rank and file. These are sold as 419(e), 419(f) (6), and 419 plans. Other arrangements described by the ruling may also be listed transactions. A business in such an arrangement cannot deduct premiums paid for cash-value life insurance.
A CPA who is approached by a client about one of these arrangements must exercise the utmost degree of caution, and not only on behalf of the client. The severe penalties noted above can also be applied to the preparers of returns that fail to properly disclose listed transactions.
Prepared by Lance Wallach, CLU, ChFC, CIMC, of Plainview, N.Y.,
516-938-5007, a writer and speaker on voluntary employee’s beneficiary associations and other employee benefits. www.vebaplan.com
DISCLAIMER: The information provided herein is not intended as legal, accounting, financial, or any other type of advice for any specific individual or other entity. You should contact an appropriate professional for any such advice.