IRS Drops Criminal Investigation of NC Business and Owners

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.

Federal Criminal Tax Information

State Criminal Tax Information