Legal Representation to Fight Abusive Tax Shelters
In the late 1990's accounting firms, banks, investment firms and even major law firms began mass marketing tax strategies to shelter high-income individuals and business from payment of capital gain taxes. On the heels of an IRS crackdown the United States Senate's Permanent Subcommittee on Investigations conducted hearings on the development, marketing and implementation of these abusive tax shelters. The results of those hearings and subsequent investigations have led to criminal indictments of many involved promoters.
At Lewis & Roberts, PLLC, our attorneys are representing plaintiffs that were financially harmed by these abusive tax shelters. Well versed and experienced in high value tax and business litigation, our team is among the largest private civil litigation firms in the state, and we have established a respected reputation for representing individuals with damages that measure into the millions of dollars.
The Resources and Reputation You Need
If you were sold a tax avoidance product by companies such as KPMG, BDO, Wachovia, Ernst & Young or other major investment advisors, then you may have been a victim of an abusive tax shelter. As a result, you may be facing substantial penalties and back interest against the planning for which you paid hundreds of thousands of dollars.
Our attorneys are actively pursuing litigation against these banks and investment firms to recover substantial damages for affected individuals. These taxation strategies, which were marketed as lawful avoidance strategies, have cost clients millions of dollars in what appears to be an elaborate scheme to circumvent the IRS and defraud investors.
Contact our office if you purchased products such as:
- Bond linked issue premium structure (BLIPS)
- Foreign leveraged investment program (FLIP)
- Offshore portfolio investment strategy (OPIS)
- S-Corporation charitable contribution strategy (SC2)
- Bond and option sales strategies (BOSS and Son of BOSS)
Recognized by professional organizations and former clients, our lawyers have the resources and durability to actively and aggressively pursue litigation against the proprietors and facilitators of these products.
Our business litigation group is comprised of a team of experienced trial attorneys, including: Gary V. Mauney, Paul R. Dickinson, Jr., and James A. Roberts, III.
Put Strength on Your Side
With one of our attorneys currently serving as Co-Chair of the Abusive Tax Shelter Litigation Group we have the team of experienced attorneys by the strength of a well established civil and business litigation firm to recover damages suffered as a result of abusive tax shelters. Contact us online, by phone in Raleigh at 866-322-9873 or in Charlotte at 888-695-1270 to schedule a consultation to discuss your losses sustained as a result of an abusive tax shelter.
