Justice Department Sues to Shut Down Abusive Tax Scheme Involving Improper Deductions for Donating Timeshares
The United States filed a civil injunction suit seeking to bar James Tarpey, a Montana-based attorney, Project Philanthropy, Inc. (a District of Columbia corporation which does business as Donate for a Cause) and Timeshare Closings, Inc. (a Colorado corporation which does business as Resort Closings, Inc.) from promoting an allegedly abusive timeshare donation scheme, the Justice Department announced today. The United States also filed suit against three of Tarpey’s associates – Ron Broyles of California, Curt Thor of Washington and Suzanne Crowson of Montana – all of whom, according to the complaint, assisted Tarpey in facilitating the timeshare donation scheme.
Here’s the full Press Release
The Complaint does not even address the financial damages suffered by timeshare associations caused by this operation’s transfers to individuals and companies who subsequently defaulted in the payment of assessments.