Calling him “the most prolific, pernicious and utterly unrepentant tax cheat in United States history,” prosecutors called for a lengthy sentence for former Jenkens &
Read MoreTag: tax-shelter
Willie Nelson, Who Saved His Career And His House With The IRS Tapes, Turns 80
Today – or maybe tomorrow, depending on who you ask – is the 80th birthday of country music legend Willie Nelson (he says today but
Read MoreShow Biz Lawyer Finally Sentenced in Massive Fraud Case
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
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Deutsche Bank Settles Tax Shelter Case
The Internal Revenue Service (IRS) is on a tear with the big banks. First UBS, now Deutsche Bank (DB). The eight-year investigation into UBS’ role
Read MoreLights, Cameras, Plea Agreement!
It sounds like something right out of Hollywood: a lawyer takes a kickback in exchange for setting up wealthy clients in a multi-billion dollar tax
Read MoreFormer Jenkens & Gilchrist Tax Attorneys Indicted
I know, I know. This doesn’t even feel like news. We’ve seen it coming for a while now, ever since Jenkens & Gilchrist made an
Read MoreErnst & Young Partners Found Guilty On All Counts
The crackdown on tax shelters continues with a Manhattan jury finding four members of the Ernst & Young accounting firm guilty of all criminal charges
Read MoreFeds Finally Get (Some Of) Their Men: 3 KPMG Defendants Convicted
It had been billed as the “largest tax fraud ever” by the feds and the trial was set to teach those that set up illegal
Read MoreIndictments, Kickbacks & Pleas, Oh My!
Jay Gordon, the former chair of the tax practice at Greenberg Traurig, has pleaded guilty to two counts of obstructing the due administration of the
Read MoreSidley Austin Lives To See Another Day
…Unlike Jenkens Gilchrist, which folded after being hit with penalties related to tax advice involving tax shelters that the Internal Revenue Service found to be
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