Margaret Fuller2 360x1000
2transadentilist
1trap
1confidencegames
1lookingforthegoodwar
1empireofpain
Margaret Fuller4 360x1000
storyparadox2
Margaret Fuller3 360x1000
Thomas Piketty3 360x1000
2trap
George F Wil...360x1000
2paradise
Edmund Burke 360x1000
5albion
3theleastofus
3paradise
Brendan Beehan 360x1000
3confidencegames
Stormy Daniels 360x1000
10abion
1lauber
Storyparadox1
4confidencegames
Office of Chief Counsel 360x1000
Margaret Fuller 2 360x1000
1transcendentalist
1gucci
4albion
Ruth Bader Ginsburg 360x1000
George M Cohan and Lerarned Hand 360x1000
Learned Hand 360x1000
199
13albion
1defense
3defense
Spottswood William Robinson 360x1000
14albion
Margaret Fuller5 360x1000
Betty Friedan 360x1000
499
Margaret Fuller 360x1000
1lafayette
2theleastofus
2confidencegames
1theleasofus
Thomas Piketty1 360x1000
Anthony McCann1 360x1000
Susie King Taylor2 360x1000
1falsewitness
2jesusandjohnwayne
lifeinmiddlemarch2
2albion
2falsewitness
6confidencegames
7albion
lifeinmiddlemarch1
11632
Anthony McCann2 360x1000
Tad Friend 360x1000
3albion
12albion
7confidencegames
399
Mary Ann Evans 360x1000
Margaret Fuller1 360x1000
Mark V Holmes 360x1000
2lookingforthegoodwar
James Gould Cozzens 360x1000
LillianFaderman
1albion
1jesusandjohnwayne
1madoff
5confidencegames
2defense
storyparadox3
Susie King Taylor 360x1000
Adam Gopnik 360x1000
Thomas Piketty2 360x1000
8albion'
Lafayette and Jefferson 360x1000
2lafayette
Gilgamesh 360x1000
Richard Posner 360x1000
Maurice B Foley 360x1000
1paradide
299
6albion
Maria Popova 360x1000
AlexRosenberg
Samuel Johnson 360x1000
9albion
2gucci
11albion

The promoters of Monetized Installment Sales got some bad news from the IRS earlier this month.  The IRS released an analysis done by the Office of Chief Counsel outlining six, count them six, ways in which the transaction does not work as the promoters claim.  The release will not stop the industry in its tracks, but it will probably be a relief to practitioners who have been advising that the technique is flawed.

 

How MIS Supposedly Works

 

The Monetized Installment Sale (MIS) seems like a really great deal,  If you want countless enthusiastic explanations of it, I suggest that you search the term on YouTube.  That is where you will encounter what Ruth Benjamin of Financial Tax Strategies refers to as “introducers”.  If you have a big capital gain coming up and mention it to your barber or at the coffee hour after church, an introducer is likely to find you. According to one of my sources they are indefatigable.

The balance of this article is available to subscribers to

  Think Outside The Tax Box