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

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