National Society of Accountants Speaker of the Year and member of the AICPA faculty of teaching professionals, Wallach is a frequent speaker on retirement plans, financial and estate planning, and abusive tax shelters.


He is also a featured writer and has been interviewed on television and financial talk shows including NBC, National Pubic Radio's All Things Considered and others, Lance authored "Protecting Clients from Fraud, Incompetence and Scams" published by John Wiley and Sons, Bisk education's CPA's "Guide to Life Insurance and Federal Estate and Gift Taxation", as well as AICPA best-selling books including
Avoiding Circular 230 Malpractice Trap.



What You Need To Know

419 plans are considered abusive tax shelters, the IRS can impose listed transaction penalties of $100,000 to $200,000 per year for simply having such a plan.

419 Expert Witness Testimony

What To Do

Get into compliance so the IRS has no reason to attack you. Sue the agent, promoter, and/or insurance company that got you involved with the plan .


Lance Wallach


Protect your clients – and yourself – from all kinds of financial chicanery and stupidity with this vital new book. It doesn't matter if a financial error was made because of malice or ignorance – the end result is that you lose money. 

Luckily, you don't have to sit idly and take it. If you have "Protecting Clients from Fraud, Incompetence and Scams", you can identify and avoid the dysfunctional sectors of the financial industry, steer clear of the fallout from the Madoff Era, and guide your clients to real, healthy, sustainable returns. This powerful book Pinpoints dysfunctional sectors within the financial industry and offers advice against frauds and scammers Shows how a team approach to asset management can ward off financial predators Offers practical strategies and tools to combat client risk for Risk and Asset Management Offering insightful information to protect your clients from all sorts of frauds and incompetence, this essential guide equips you with tips and techniques to spot the red flags of fraud and prevent it before it starts.
How We Help You

Get back all the money you put into the plan in the first place and reduce or eliminate the fines and penalties.

"Protecting Your Clients"

Our Strength is Protecting Clients

Contact Us

 (516) 938-5007

IRS 419.T​ax

Know current issues about protecting your clients. Learn how our Expert Witness Program, and team of top CPA's, Attorney's and retired IRS Agents can assist you.



Hiring Us To Protect You
For the past 25 years, successful businesses and individuals have turned to Lance Wallach and his team of accountants, attorneys, ex-IRS agents, and financial experts for assistance, and they are glad they did!