July 31, 2023
The federal government settled a $61 million tax case against two brothers who the government said used an illicit tax shelter to minimize their now-defunct company's taxes, according to a filing in Georgia federal court Monday.
July 22, 2021
A federal judge has extended a stay in a $61 million tax case to allow the government to reach a settlement with three former business owners it is pursuing over a liquidated company's tax debt.
May 15, 2019
The U.S. missed the deadline to pursue three business owners for their former company's $56 million tax debt, a Georgia federal court recently ruled.
October 10, 2018
Four days after a federal court deemed a Georgia holding company liable for more than $56 million in taxes and penalties related to an alleged tax evasion scheme, former company executives said the IRS is unfairly going after them even though they did not receive funds from the company following a liquidation.
October 05, 2018
The U.S. has won a default judgment of $56 million against a Georgia holding company for tax liabilities resulting from the company's use of an abusive tax shelter, according to an order recently filed in a Georgia federal court.