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March 29, 2007
Jenkens & Gilchrist to Close its Doors Due to Tax Shelter Work
Jenkens & Gilchirst, the 56-year old Dallas-based law firm which in its heyday had 600+ attorneys, is shutting is doors and paying a $76 million fine after entering into a nonprosecution agreement with the U.S. government for its role in marketing tax shelters that generated more than $1 billion in phony tax losses.
Documents:
Press and Blogosphere Coverage:
- Associated Press
- ataxingmatter
- Bloomberg
- Dallas Morning News
- New York Law Journal
- New York Times
- Wall Street Journal
- WSJ Law Blog
March 29, 2007 in News | Permalink
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Listed below are links to weblogs that reference Jenkens & Gilchrist to Close its Doors Due to Tax Shelter Work:
» TAX SHELTER PENALTIES BRING DOWN JENKINS AND GILCHRIST from Roth & Company, P.C.
Jenkins and Gilchrist rode the 1990s tax shelter boom to great wealth. Today they rode it back to earth. The... [Read More]
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» Ay carumba! Tax shelters doom law firm from Don't Mess With Taxes
I was chatting with the Web's Tax Mama, Eva Rosenberg, this afternoon and one of our topics was questionable tax tactics. Then I opened up my e-mail box and there was a release from the IRS on a $76 million penalty settlement agreement the IRS has reac... [Read More]
Tracked on Mar 29, 2007 8:04:24 PM
