11 June 2011
The bizarre saga involving former Hollywood tax attorney Matthew G. Krane appears to finally have come to a close. Krane was sentenced yesterday to 2-1/2 years in federal prison for his role in a tax shelter scheme. Krane had pleaded guilty in 2009 to evading tax by failing to claim $36 million in undeclared income [...]
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25 June 2007
Walter C. Anderson’s failure to pay taxes finally caught up with him. And a botched plea agreement by the IRS potentially saved him millions of dollars. As previously reported, Anderson hid millions of dollars in personal income while reporting paltry sums on his income tax returns. To accomplish this, he created aliases and shell companies, [...]
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