Morris Manning & Martin faces a lawsuit alleging that the law firm promoted a tax easement strategy that received pushback from the IRS.
The complaint, which property investors filed Aug. 15 in Georgia Superior Court, claims they are facing back taxes, penalties, interest, and professional services fees as a result of probes by the IRS into their tax deductions. The law firm allegedly worked with property owners to sell investors on a plan to lower their taxes.
Former Morris Manning partner Timothy Pollock in 2008 developed a method of monetizing tax deductions by donating properties with artificially inflated values, violating ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.