News hero banner image
SUBSCRIBE TO OUR BLOG
NEWS CATEGORIES
SUBSCRIBE TO OUR BLOG
NEWS CATEGORIES

Taxes and the Bounty Hunter

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on Pinterest

Death Care Law Blog
April 10, 2011

When news of the indictment of 6 National Prearranged Service officers was reported last November, many newspapers picked up the AP version that included a quote from the Internal Revenue Service criminal investigator. The fact is that the Federal investigation of NPS involves investigators from the IRS, the FBI and the U.S. Postal Inspection Service.

The main thrust of the IRS investigation will be to determine whether the NPS officers committed income tax evasion with regard to what they individually received, or with regard to what the company received. The investigation will need to determine how the distributions from insurance, and from trusts, should have been reported by NPS. The investigation will also need to examine how NPS’ sister corporation, Lincoln Memorial Life, reported its income. And, the investigation will look at how the preneed trusts controlled by NPS reported their income.

Read the full article at Death Care Law Blog

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *