Section280A.com is an educational entity that presents various financial concepts and tax write-offs to the general public.
Section280A Product
The Section280A.com contract is based on an annual, auto-renewal subscription, which includes the semi-auto-populated forms each month throughout the year; a quarterly newsletter sponsored by an association of CPAs and tax attorneys; as well as the necessary defense from the same CPAs and Tax Attorneys for the 280A aspects of any audit.
Section280A Defense
The Section280A.com defense shall be predicated upon and subject to your ability to present the Section280A.com legal staff with the properly completed Section280A.com tax forms, as well as the processed checks from your entity to the homeowner, the documentation of your state entity filing, and anything other documentation the Section280A.com legal staff may need to properly defend you.
Your defense shall also be predicated upon and subject to your ability to prove “reasonability” in your write-off amounts and the “reasonability” of your Conference Facility Estimate Worksheet(s).
[Example: Section280A.com cannot defend and will not defend the case wherein there are two principals in a company, and they have chosen (as a Comparable Estimate) a meeting facility for 10 individuals at $2,000 per day.]
As a subscriber to the service, you must be able to prove your meetings with the necessary completed Section280A.com tax forms and more particulary the Meeting Minutes which includes the attendending Principals/Directors.
[Note: These Principals/Directors can participate or serve as company advisors or board members, and/or as passive, non-controlling or non-paid individuals.]
Though our CPA firms will be happy to assist you with your financial and/or accounting needs, Section280A.com shall only defend the 280A tax write-off, and any issues directly related to the 280A write-off, as long as the afore-mentioned stipulations have been met.
Section280A.com Fees/Subscription
The 280A.com annual fee of $497 shall be processed at the beginning of each year. Once your sign-up fee is processed, these two fee are non-refundable.
On your signup anniversary, your credit card will be automatically processed for $497. Upon the auto-renewal process, the renewal fee shall not be refundable.
Should you terminate your subscription, and then subsequently renew your subscription, you will once again be charged the $497 sign-up fee.
Savings Disclaimer
Section280A.com does not claim any specific tax-write off amounts. The $14,000 write-off, as presented in the Section280A.com flyers, presentations, and seminars is an average for Southwest & Northwest region for a staff of 6 to 8 people, for a total of 14 meetings (12 monthly meetings, 1 semi-annual meeting, and 1 annual meeting). Your savings may be higher or lower depending on the region in which you live; Or, if your company has offices in several states, you may choose the closest or the most central metropolitan region for your principal or board meetings.
Loss and Liability
Whereas Section280A.com will provide the legal defense for the 280A tax write-off at no additional cost, provided the subscriber adheres to the tenets and stipulations listed in the Defense section (above), the liability of Section280A.com shall be limited to the subscription fee for that particular year in which the audit was performed, and your write-off was not upheld;
Section280A.com shall also be responsible for refunding the subscription fee for any preceding year in which its defense staff was not able to defend the IRS claims against the 280A-related issue(s), wherein the subscriber was able to prove his/her adherence to the tenets and stipulations of the service, also listed above in the Defense section.
Copyright 2008 Section280a.com, LLC.
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