Follow @USApostille
Our Videos |
July 19, 11
NEWS / D.C. Federal Court Bars Company from Promoting Alleged Tax Scheme Involving Improper Easements on HiTrust for Architectural Easements Barred from Promoting Allegedly Faulty Appraisal Methods WASHINGTON – A District of Columbia federal court has entered a permanent injunction order against Steven McClain and the Trust for Architectural Easements Inc. (formerly known as the National Architectural Trust), the Justice Department announced today. The civil court order bars the defendants from promoting a scheme that, according to the government complaint, encouraged taxpayers in Boston, New York City, Baltimore and Washington D.C. to claim unwarranted charitable tax deductions for donations of façade conservation easements on historic buildings. The defendants consented to the injunction without admitting the allegations against them. The injunction order does not preclude the Internal Revenue Service (IRS) from assessing monetary penalties against the defendants for past actions, and also does not preclude the defendants from challenging any such penalties. According to the government complaint, the defendants falsely told prospective customers that, in exchange for donating easements on their historic properties preventing façade alteration, the customers could claim charitable deductions equal to 10 to 15 percent of the property value, and that this range reflected official IRS policy. In fact, the complaint alleges, the IRS never had any such policy, and the actual value of façade easements, if any, must be determined on a case-by-case basis. The complaint also alleges that the defendants manipulated the easement appraisal process by steering donors to appraisers who the defendants knew would employ the 10-to-15-percent valuation method, leading to improper appraisals that yielded large tax deductions regardless of the easements’ actual effect on property value. Through 2008, the complaint alleges, the total value of façade easement tax deductions attributable to the defendants’ scheme exceeded $1.2 billion. The complaint states that the IRS has repeatedly disallowed charitable deductions claimed by the defendants’ customers and estimates that the tax revenue lost through 2006 as a result of the scheme is $250 million. The injunction order bars the defendants from promoting the existence of a 10-to-15-percent valuation range and from accepting donations of easements that the defendants know or have reason to know lack a conservation purpose as defined by federal tax law. The order also blocks the defendants from participating in the appraisal process for an easement in any regard, other than by referring donors to lists of potential appraisers prepared by neutral third parties. The defendants are enjoined from representing to donors that they can expect an easement to diminish the value of their property in all circumstances or to result automatically in a charitable deduction. The order also requires the defendants to submit to independent monitoring of their practices for the next two years to ensure compliance with the injunction. In the past decade, the Justice Department’s Tax Division has obtained injunctions against hundreds of unscrupulous tax-return preparers and tax-fraud promoters. Information about these cases is available on the Justice Department website. http://www.justice.gov/opa/pr/2011/July/11-tax-933.html |
Do you need
We do Retrieval, Preparation and Legalization.
Power of attorney
Vital records
Birth certificate
Marriage Certificate
Single Status Affidavit
No Record of a Marriage
Certificate of No Marriage Record
Divorce Certificate
Divorce Decree
Death certificate
Criminal Record
Certificate of good conduct
Criminal Background Check
Foreign Driver License
Documents for transportation of the Deceased
Children's Travel Consent Letter
Evaluation of Foreign Education Credentials for US
Letter of Invitation for USA Visa
Documents for Avoiding Double Taxation
|
TestimonialsAnnaMaria RealbutoThank you for all your assistance and efficiency... Read More » Kateryna Melnychenko Thanks a lot Anton!... Read More » Rani Payne Thank you so much! I’m sure I will be in touch again with something else that will need to be apost... Read More » Serge Bauer Law Thank you again for your help with this case!... Read More » |
FAQDo I need a permit or license for my business?Read More » Since when does the Wassenaar Arrangement exist? Read More » Is there a waiting period? Can we get married right away? Read More » If a student was not in an authorized period of OPT on the eligibility date, can the student work during the cap gap extension? Read More » |
Quick MenuCertificate of good conductapostille Germany apostille Argentina apostille Bahamas, The apostille Netherlands Antilles apostille Japan apostille Saint Lucia apostille Bangladesh apostille Libya apostille Indiana apostille Zimbabwe apostille Vermont apostille Malawi apostille Mongolia apostille Kuwait apostille French Polynesia |
NewsApril 11, 23Fleetwood Mac keyboardist and vocalist Christine McVie died of stroke and cancer-death certificate Read More » March 27, 23 China joins Apostille Convention Read More » March 18, 23 California to permanently seal old convictions on criminal records Read More » March 3, 23 Saudi Arabia issues guidance on apostille procedure Read More » |