Verdicts
Criminal Investigation of North Carolina Taxpayer Dropped
December 21, 2011
Criminal Investigators from the North Carolina Department of Revenue informed a North Carolina taxpayer today that they have decided to drop their investigation against her. The investigation, which had lasted nearly two years, centered on alleged false personal and corporate tax returns and tax evasion in multiple states over multiple years.
The taxpayer was represented by Douglas E. Kingsbery and Derick R. Vollrath of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
No Criminal Charges Brought in $700,000.00 False Tax Returns Case
May 10, 2011
A North Carolina taxpayer who understated his tax liability by nearly $700,000.00 escaped criminal prosecution when his attorneys successfully negotiated a voluntary disclosure agreement with prosecutors. Under the agreement, no criminal charges will be brought against the taxpayer. The case is significant not only because of the tax dollars involved, but because North Carolina criminal investigators ordinarily do not recognize a voluntary disclosure in cases of suspected tax evasion and false tax returns.
The taxpayer was represented by Douglas E. Kingsbery and Derick R. Vollrath of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
Criminal Investigation of Tax Preparer Dropped
May 10, 2011
Seeking out and following sound legal advice as soon as she became aware that criminal investigators were examining her tax practice may have saved a North Carolina tax preparer from criminal prosecution. Investigators notified the preparer this week that after a nearly 10 month investigation, they had decided to drop the case without bringing criminal charges.
The tax preparer was represented in the investigation by Douglas E. Kingsbery and Derick R. Vollrath of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
North Carolina Dismisses Criminal Tax Charges Against Non-Filer
December 16, 2010
State prosecutors announced today that they were dismissing all charges against a North Carolina woman charged with failing to file and pay her North Carolina state income taxes between 2004 and 2009. The trial of the charges had been scheduled for today.
The Defendant was represented by Douglas E. Kingsbery and Derick R. Vollrath of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
IRS Drops Criminal Investigation of NC Business and Owners
May 4, 2010
Special Agents of the Internal Revenue Service’s Criminal Investigation Division confirmed today that they were dropping their investigation of a North Carolina business and its owners. The Agents were investigating allegations that the company had understated its tax liability for several years, and that the owners had improperly failed to report certain distributions on their personal income tax returns.
The company was represented by Douglas E. Kingsbery and Melissa H. Hill of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
North Carolina Business Man Acquitted of Tax Evasion
July 17, 2009
A North Carolina business man who had been charged with three counts of tax evasion (26 U.S.C. § 7201) and three counts of filing false tax returns (26 U.S.C. § 7206), was found not guilty on all counts today in the United States District Court for the Eastern District of North Carolina. The case, which was tried over several weeks, involved allegations of fraudulent tax shelters and overseas bank accounts.
The Defendant was represented at trial by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
Judge Orders Release of Man Jailed for Tax Evasion
April 18, 2008
A North Carolina Superior Court Judge today ordered the immediate release of a man jailed after being found guilty of multiple counts of tax evasion and filing false income tax returns. The Defendant had represented himself at trial, and upon being found guilty, had been sentenced to multiple consecutive terms of imprisonment.
The Defendant’s family subsequently hired Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina, who successfully obtained the Defendant’s post-conviction relief.
IRS Drops Investigation of North Carolina Businessman
January 25, 2008
After a lengthy investigation by Special Agents of the Criminal Investigation Division of the IRS, a North Carolina businessman was advised today that the IRS was dropping its investigation. The case involved allegations of willful failure to file income tax returns and to timely pay millions of dollars in federal income taxes.
The businessman was represented by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
IRS Drops Investigation of North Carolina Businessman
June 15, 2006
Special Agents of the Criminal Investigation Division of the IRS advised a North Carolina businessman today that they were dropping their criminal investigation of tax returns filed on behalf of his business. At issue were hundreds of thousands of dollars of alleged improper expenses deductions.
The businessman was represented by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
Department of Justice Kills IRS Criminal Prosecution
March 15, 2006
The U. S. Department of Justice announced today that it was killing the IRS’s recommended criminal prosecution of a North Carolina businessman. The investigation had centered on alleged abusive trusts which sheltered practically all of the man’s income for several years.
The businessman was represented by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
Voluntary Disclosure Saves North Carolina Businessman
March, 17, 2005
Special Agents of the North Carolina Criminal Investigation Division informed a North Carolina businessman today that they were dropping their investigation of allegations that he had failed to report substantial business income on his North Carolina tax returns. Agents cited the fact that the man’s attorney, Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina, had previously arranged a voluntary disclosure of the suspected improprieties.
The businessman was represented by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.
North Carolina Jury Acquits Man of Tax Evasion and Filing False Returns
October 14, 2004
A North Carolina jury took less than three hours to acquit a local businessman of filing false income tax returns and failing to remit Sales and Use taxes to the State of North Carolina. The Defendant had previously rejected a plea bargain calling for him to serve two years active imprisonment.
The Defendant was represented by Douglas E. Kingsbery of Tharrington Smith, L.L.P. in Raleigh, North Carolina.