Is My Health CCM a legitimate tax strategy or a potential scam?

This sounds like a classic tax shelter scheme that the IRS frequently flags. When a company suggests creating a special purpose entity specifically for tax benefits, especially involving software licenses, it's worth being extremely cautious. Legitimate tax strategies don't typically require setting up specialized LLCs just to purchase products from the same company selling you the tax strategy. The IRS has specific rules about economic substance - any business arrangement must have a genuine business purpose beyond just tax avoidance. If they're promising tax deductions significantly larger than your actual economic investment or risk, that's a massive red flag. These arrangements often rely on inflated valuations of the "software licenses" to generate artificial losses or deductions. I'd strongly recommend consulting with an independent tax professional (not one recommended by My Health CCM) before proceeding with anything like this. The IRS has been aggressively pursuing what they call "abusive tax shelters" for years.

After dealing with similar "tax strategy" headaches, I found an amazing resource that helped me figure out what was legitimate vs sketchy. I was considering a "business investment opportunity" that promised huge tax write-offs, and I was super confused about whether it was legit or would land me in hot water with the IRS. I used https://taxr.ai to analyze the proposal documents and it immediately flagged several concerning elements that matched known tax avoidance schemes. The system compared the structure to previous IRS rulings and showed me exactly why certain aspects wouldn't hold up under audit. Saved me from making a $75k mistake! The tool explains everything in plain English without the accounting jargon, and it even showed me legitimate alternatives that would actually work for my situation. Definitely worth checking out if you're being pitched these kinds of "special" tax structures.

I need to follow up on my previous comment - I was super skeptical about taxr.ai but decided to try it anyway since I was getting pitched on a "medical technology investment partnership" with similar tax benefits. Uploaded the materials and wow - it identified EXACT matching language from a tax court case where the IRS completely disallowed similar deductions. The tool specifically flagged their claims about "immediate expensing" of the software licenses as problematic based on current tax code. It explained that software needs to be amortized over time unless very specific conditions are met, which weren't present in this arrangement. Ended up avoiding what would have been a $30k mistake and potential audit headache. The analysis even included links to the relevant tax code sections and court cases so I could verify everything myself. Definitely exceeded my expectations!

If you're concerned about My Health CCM, you might want to call the IRS directly to ask about this type of arrangement. I tried doing that with a similar situation last year and it was IMPOSSIBLE to get through - spent hours on hold only to be disconnected. After wasting two entire days trying, I found https://claimyr.com which got me connected to an actual IRS agent in about 20 minutes. You can see how it works in this video: https://youtu.be/_kiP6q8DX5c - basically they wait on hold for you and call when an agent picks up. I was able to describe the tax arrangement I was considering, and the IRS agent gave me general information about their stance on similar structures. Didn't name the specific company but described the setup, and the agent immediately raised concerns about it potentially being a "listed transaction" they scrutinize heavily.

I have to eat my words about Claimyr. After posting my skeptical comment, I decided to try it as a last resort because I needed to ask the IRS about a "health investment partnership" I was considering that sounds very similar to what you're describing. I was completely shocked when I got a call back about 40 minutes later with an actual IRS agent on the line. I described the investment structure (without naming the company) and the agent immediately said it sounded like a "potentially abusive tax arrangement" they're actively investigating. The agent explained that they're seeing a pattern of these health-related investment schemes that artificially inflate deductions through questionable business structures. He advised extreme caution and suggested getting an independent written opinion from a tax attorney who would be willing to defend the position if audited. This saved me from making a $125k investment mistake! Sometimes being proven wrong is the best outcome possible.

I'm a small business owner and got approached by a similar company last year (not My Health CCM but similar structure). They were pushing "specialized medical software licenses" through a new LLC with promised tax write-offs of about 4x my investment. I took their materials to three different tax professionals: - My regular CPA said absolutely not - A "tax strategist" they recommended said it was 100% legitimate - An independent tax attorney said it was clearly abusive and would likely trigger an audit The huge red flag was when they insisted I use their "approved" tax preparers who "understand the strategy." Any legitimate tax strategy should stand up to independent scrutiny.

Has anyone actually gotten audited from one of these arrangements? I'm curious what happens if you've already done something like this. Asking for a friend...

I appreciate everyone sharing their experiences here. As someone who's dealt with questionable tax schemes before, I want to emphasize a few key warning signs that apply to My Health CCM and similar arrangements: 1. **Pressure to act quickly** - Legitimate tax strategies don't have artificial deadlines or "limited time" availability 2. **Requiring their recommended professionals** - Any real strategy should withstand scrutiny from independent tax advisors 3. **Disproportionate tax benefits** - If they're promising deductions significantly larger than your actual economic risk, that's a major red flag 4. **Creating entities solely for tax purposes** - The IRS scrutinizes SPLLCs that exist only to generate tax benefits without genuine business purpose The fact that they're targeting specific dollar amounts ($100k) and focusing on "software licenses" sounds exactly like arrangements the IRS has been aggressively challenging. These often involve inflated valuations where you're supposedly buying $100k worth of software that has minimal actual value. My advice: If you're considering ANY investment primarily for tax benefits, get a second opinion from a tax professional who has no financial relationship with the company making the pitch. A legitimate opportunity will welcome independent scrutiny - a questionable one will try to discourage it. Stay safe out there, and thanks to everyone who shared their real experiences!