$3 billion later, settlement ends government case over Atlanta tax shelters
The pitch was simple. Want a big break on federal income taxes? Invest in tax shelters promoted by an Atlanta firm and get a contribution deduction wo
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The pitch was simple. Want a big break on federal income taxes? Invest in tax shelters promoted by an Atlanta firm and get a contribution deduction wo
The IRS, the Justice Department and Congressional Republicans and Democrats are all trying to put an end to syndicated conservation easements. But with lobbyists like Henry Waxman helping lead the resistance, the efforts have had little effect.
A tax scheme that benefits the wealthy is protected by lobbyists — including former "liberal lion" Henry Waxman.
Devil’s in the details; the court date; smackdown; and other highlights of recent tax cases.
Atlanta Tax Professionals Plead Guilty to Promoting Syndicated Conservation Easement Tax Scheme Details Written by Justice Department Washington, DC - Stein Agee of Canton, Georgia, and Corey Agee of Atlanta, Georgia, appeared before U.S. Magistrate Judge W. Carleton Metcalf and pleaded guilty for their roles in a wide-ranging abusive tax scheme to defraud the IRS, the Department of Justice announced Monday. According to court documents, from at least 2013 through 2019, S. Agee and C. Agee, then partners at an Atlanta accounting firm, marketed, promoted, and sold to...