Sugarloaf Fund, LLC, et al v. CIR

Track this case

Case Number:

19-2468

Court:

Appellate - 7th Circuit

Nature of Suit:

tax 

  1. March 06, 2020

    Ex-Seyfarth Partner's Tax Shelter Still A Sham, 7th Circ. Says

    A tax shelter designed by a former Seyfarth Shaw LLP partner remained an abusive sham despite changes to its structure, the Seventh Circuit ruled Friday in rejecting the scheme for the third time.

  2. February 14, 2020

    7th Circ. Asks If Changes Truly Transformed Tax Shelter

    A Seventh Circuit judge on Friday pushed an ex-Seyfarth partner to address whether rollups of trading companies and investor trusts did enough to "clean the sham status" of a partnership found to be a tax shelter in the early 2000s, as the partnership now asks the court to reject IRS adjustments for later tax years.

  3. December 17, 2019

    Partnership Tells 7th Circ. It's No Longer Tax Shelter

    A partnership found to be a tax shelter in the early 2000s has overhauled its structure and is now a legitimate business, it told the Seventh Circuit Tuesday in asking the court to reject IRS adjustments for later tax years.

  4. November 26, 2019

    Biz Sold Tax Shelters, Not Collection Services, 7th Circ. Told

    An attorney-promoted partnership purporting to operate as a debt collection operation was actually in the business of selling abusive tax shelters, the U.S. government told the Seventh Circuit on Tuesday.