Reuters reports, Reuters Article, that four former KMPG partners are going to trial on charges of allegedly cheating the government out of more than $1 billion through the use of improper tax shelters for hundreds of wealthy clients. The trial is scheduled this month.
The four men are charged with conspiring to evade taxes for more than 600 clients in a case that was touted as the largest criminal tax prosecution when it started in 2005 with 13 defendants.
The four men are charged with conspiring to evade taxes for more than 600 clients in a case that was touted as the largest criminal tax prosecution when it started in 2005 with 13 defendants, but is much smaller now.
Remember to keep clean with your taxes.
Bill Lowrance