May 06, 2024
A Missouri certified public accountant accused of operating a charitable trust scheme that cost the government $8 million in tax was permanently barred from marketing tax arrangements involving charitable remainder annuity trusts, the U.S. Department of Justice said Monday.
May 18, 2023
An insurance agent accused of operating a charitable trust scheme that cost the government $8 million in taxes has to pay the U.S. a $400,000 judgment, while his employer has to shut down and pay $1.1 million, a Missouri federal court said.
February 24, 2022
A Missouri company and its associates operated an abusive tax scheme involving charitable trusts that led to customers understating their income by a total of $17 million, the U.S. government told a federal court in a complaint.