Welcome

IRS Crackdown on Green Tax Break Targets Atlanta Accountant (1)

June 9, 2021, 9:23 PM

An Atlanta-area accountant was indicted on charges that he conspired to promote fraudulent tax breaks through land conservation deals that are the focus of a growing Internal Revenue Service crackdown.

Herbert E. Lewis was charged Wednesday with conspiracy, wire fraud, and aiding in the filing of false tax returns in what prosecutors said was a “wide-ranging abusive tax shelter scheme.” Lewis helped to generate “hundreds of millions of dollars” in fraudulent tax deductions, prosecutors said. Overall, the IRS says such schemes cost the Treasury billions of dollars in taxes.

Tax Fraud on Green Land Spurs Crackdown: ‘The IRS Hates ...



To read the full article log in. To learn more about a subscription click here.