Abusive Tax Shelters

Representing victims of abusive tax shelters

The tax shelter abuse attorneys at RPWB represent clients in litigation against promoters of abusive tax shelters in state and federal cases.

KPMG and other major accounting firms promoted and sold a large number of tax strategies the IRS has listed as abusive tax shelters. In fact, you need to know that the IRS now publishes an ever-increasing collection of these Listed Transactions.  It urges investors to come forward before the IRS finds them.

The realities are–

• Clients of the tax shelter promoters paid substantial fees for tax strategies that were represented as legitimate.
• They now face severe tax liabilities as a consequence.
• If you were sold tax reduction schemes that turned out to be abusive, you may have a claim against the promoter who sold the shelter.

Actively recovering damages

RPWB has teamed up with Marcus, Andreozzi & Fickess in Buffalo, New York to help investors recover damages from promoters of abusive tax shelters. Randy Andreozzi and Ed Fickess are former lead attorneys with the IRS Office of Chief Counsel and have litigated a number of landmark abusive tax shelter cases on behalf of the federal government.