Friday, October 1, 2004
Well-known California tax lawyer Owen Fiore pled guilty on Tuesday to income tax evasion charges. Mr. Fiore is the author of over a dozen tax articles and the lead counsel in several famous tax cases, including Estate of Cristofani v. Commissioner, 97 T.C. 24 (1991), and Estate of Fontana v. Commissioner, 118 T.C. No. 16 (2002). According to the plea agreement and DOJ press release, Mr. Fiore admitted to understating his 1999 taxable income by $520,000 and his income tax by $214,000. (See also the indictment and original DOJ press release.) For a Wall Street Journal story, see here.
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More detail and commentary at
http://mauledagain.blogspot.com/2004_09_01_mauledagain_archive.html#109647310441099232