Tharrington Smith Education Section Secures Refunds for Schools In Ongoing Challenges to Pension Cap Assessments

On October 28, 2020, Judge Rebecca Holt of the Wake County Superior Court entered an order affirming a previous decision by the N.C. Office of Administrative Hearings (“OAH)”) ordering the refund of more than $350,000 in “additional contributions” paid by three separate public school systems to the Teachers & State Employees Retirement System (“T&SERS”). These […]

Written by on January 12, 2021

Tharrington Smith, LLP Named 2021 Best Law Firm in 10 Practice Areas

Tharrington Smith, LLP Named 2021 Best Law Firm in 10 Practice Areas   Tharrington Smith, LLP is excited to announce the firm’s selection as a “2021 Best Law Firm” by the U.S. News & World Report and Best Lawyers® in 10 practice areas. Since 1983, Best Lawyers has highlighted not only individual lawyers but also […]

Written by on November 6, 2020

IRS Drops Investigation of North Carolina Businessman

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 […]

Written by on January 25, 2008

North Carolina Business Man Acquitted of Tax Evasion

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 […]

Written by on July 17, 2009

Judge Orders Release of Man Jailed for Tax Evasion

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 […]

Written by on April 18, 2008

IRS Drops Investigation of North Carolina Businessman

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 […]

Written by on June 15, 2006

Department of Justice Kills IRS Criminal Prosecution

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, […]

Written by on March 15, 2006

Voluntary Disclosure Saves North Carolina Businessman

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, […]

Written by on March 17, 2005