Recent Articles
Roofing Company Leaders Plead Guilty to Tax Fraud Conspiracy
Cape Coral Business Paid $21 Million in Cash Wages to Avoid Employment Taxes Two leaders of a Cape Coral roofing company have admitted to a decade-long conspiracy to evade federal employment taxes. Known as “Irresponsible Taxpayers” due to their actions,...
Tree Service Owner Sentenced for Tax Evasion and COVID-19 Loan Fraud
A Connecticut Business Owner Faces Prison for Concealing Income and Misusing Pandemic Relief A Danbury tree service owner, whom we will refer to as the “Irresponsible Taxpayer,” has been sentenced to prison for evading taxes and misusing pandemic relief funds....
Irresponsible Advisor Pleads Guilty in Multimillion-Dollar Offshore Tax Scheme
Tax Advisor Admits Role in Concealing $70 Million in Offshore Income for Celebrity Clients A Dutch tax advisor has pled guilty to assisting in a fraudulent tax scheme that concealed over $70 million in income for a roster of high-profile...
Fraudulent Tax Scheme Uncovered: Attorneys and Broker Convicted
Federal Jury in Charlotte, NC Finds Tax Professionals Guilty of Conspiring to Defraud the IRS A federal jury in Charlotte, North Carolina, recently convicted two tax attorneys and an insurance agent of conspiring to defraud the United States. Their scheme...
Tax Court Denies Conservation Easement Deduction: Perpetuity Requirement Violated
Cottonwood Place, LLC case highlights strict adherence to IRS perpetuity regulations for conservation easements. In a pivotal case, the Tax Court has denied Cottonwood Place, LLC’s charitable deduction for a conservation easement donation. The court found that the conservation purpose...
Tax Court Rules Extinguishment Regulation Invalid
In a landmark case, the Tax Court finds IRS conservation easement rules violated the Administrative Procedure Act. The Tax Court has dealt a significant blow to the IRS’s enforcement of conservation easement regulations. In a March 28 ruling, the court...