SUMMARY:
• In 2012, Richard S. Lehman's expertise in Ponzi tax recoveries led the Government Accountability Office (GAO) to seek his advice.
• Lehman had discussions with GAO representatives regarding the Internal Revenue Service's (IRS) tax advice on the treatment of the Ponzi scheme clawback.
• The GAO sent Lehman a thank-you letter acknowledging his guidance, stating that as a result of their discussions, the IRS issued new guidance on the taxation of the Ponzi scheme clawback.
• The letter from the GAO expressed gratitude for Lehman's assistance, which contributed to the quick issuance of the IRS guidance.
• Christopher H. Schmidt, a senior analyst at the GAO, signed the letter and mentioned that the IRS issued the guidance independently after seeing the GAO's upcoming report.
Richard Lehman's Expertise Drives Effective Change: New IRS Guidelines for Ponzi Scheme Clawback Treatment
Richard S. Lehman, Esq. Lehman Tax Law
Located in the Dorot & Bensimon P.L. Domestic & International Tax Law Office
2000 Glades Road, Suite 312
Boca Raton, FL. 33431
Tel: 561-368-1113
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