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Tax

Jul. 14, 2011

DOJ targets lawyers over tax shelters

Two ex-Manatt, Phelps & Phillips LLP attorneys have been permanently barred from promoting what federal officials allege are abusive tax shelters used for more than $112 million in fraudulent tax deductions.


By Ciaran McEvoy


Daily Journal Staff Writer


Two California attorneys have been permanently barred from promoting what federal law enforcement officials allege are abusive tax shelters that triggered more than $112 million in fraudulent tax deductions.


U.S. District Judge Joseph E. Irenas of Camden, N.J. entered the injunctions last week against Caleb S. Grodsky of Grodsky Law Firm APC in Los Angeles and Charles F. Klink of the Fontana-based Kl...

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