Under I.R.C. §7602, a business entity is a distinct person from its agents, thus a business cannot quash a summons where a criminal referral has been issued for one of its agents and not the business, the Fourth Circuit Court of Appeals held. The IRS began a civil investigation against a business for overinflating a conservation easement charitable contribution. The accounting firm involved pleaded guilty to conspiring to defraud the United States in regard to the conservation easement tax shelters. Business sought to quash the summons arguing that because its agent was under criminal investigation, it can quash ...
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MONTGOMERY, Ala. (WSFA) - A New York man and two companies he operates agreed to pay $1 million to resolve allegations that they violated the False Claims Act, according to the Department of Justi...