Federal Prosecutors Coming Down Hard On Abusive Conservation Easement Promoters
Syndicated Conservation Easement (SCE) products aren’t produced in vacuums. there are teams of people constructing and assembling a variety of documents that support each fund’s capital raise. In the past, if one of those procedural links failed it was treated independently from the others. What this conspiracy case tells us is moving forward, is that each link infects the link it touches. That the whole chain will be viewed as corrupt.
Innocent Spouse Loss Has Some Valuable Lessons
Robin signed the 2009 return. Robin did not sign the 2010 return. Terry signed Robin’s name to the 2010 return. The tab for tax alone was almost $90,000. The address used on the return was the address of the family business and they did not forward mail to Robin. Robin first learned of the deficiency when California garnished their wages.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
