Bernard Madoff Tax Loss - Expert Advice

By: msias

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Uploaded on January 23, 2009 by msias

Expert advice on the alleged Bernard Madoff Ponzi scheme from a top U.S. tax law expert - Richard Lehman, a prominent tax attorney in Palm Beach, Florida and former IRS senior attorney, explains the tax recovery options available for victims, including theft loss, capital return and phantom income. Lehman also warns of two common mistakes: entering into premature settlements and failure to deduct in the proper year.

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