ponzi scheme tax loss
Ponzi Scheme Tax Loss And The New Trump Tax Cut and Jobs Act
On December 22, 2017, President Trump signed the “Tax Cut and Jobs Act” The Ponzi Scheme Victim must be aware that the Loss Carry Backs have been Eliminated. With the elimination of Loss Carry Backs under the new tax bill, it is important for Ponzi Scheme losses that could be deducted[…]
Read More »New Segments: Ponzi Schemes & The Safe Harbor
Taxpayers who lose money in Ponzi Schemes may enjoy a tax advantage and recoup some of their lost funds by deducting their losses as financial theft losses. Watch two short videos by Richard S. Lehman. Simply press play. Ponzi Schemes There are several investments that turn out to be fraudulent[…]
Read More »The Claw Back in a Ponzi Scheme
Very often there may be a Ponzi Scheme financial theft, in which certain taxpayers have profited since they made early investments and were paid unusual profits that did not exist. Often taxpayers in Ponzi Schemes that have benefited from the financial loss of others are called upon by a trustee[…]
Read More »The Ponzi Scheme Tax Losses and Clawbacks, Trusts and Estates
Trusts, Estates And The Rights Of Individual Beneficiaries By Richard S. Lehman, Esq. The general rules limit the deduction of net operating losses available to estates and trusts to the taxpayer sustaining the loss. Net operating losses of an ongoing estate or trust are not typically deductible by its beneficiaries.[…]
Read More »Tax Refunds from Ponzi Scheme Clawbacks and Ponzi Scheme Theft Losses
Tax refunds may be available and can be maximized for the loss or repayment of Ponzi scheme funds.
Read More »Seminar script: Taxation of the clawback in a ponzi scheme
Taxation of the Clawback in a Ponzi Scheme by Richard S. Lehman, Esq. Download this script as a pdf. Any lawyer involved in a clawback settlement agreement must, where possible, in the settlement agreement, distinguish between and earmark the two types of clawback that can happen. There can be a[…]
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