Harold Levine, the head of Moritt Hock & Hamroff’s tax practice group, has been sued by federal authorities to block his promotion of abusive tax shelters like the ones he allegedly promoted while chairing the tax practice group at Herrick Feinstein.
Levine was accused in a complaint filed by the government in the Southern District with forming or using five corporations or “promoter entities” to acquire asset-selling companies and then eliminate their capital gains taxes using the phony losses of the promoter entity.
