Civil rights attorney Stephen Yagman has been indicted on tax evasion, fraud, and money laundering charges. The charges stem from Yagman not paying all the tax he owed in the mid-1990s and accruing significant interest charges and penalties. Additionally, he is also charged with not paying payroll taxes owed by his law firm, Yagman & Yagman P.C. (Thanks to the TaxProf Blog for the hat tip.)
Also potentially in trouble is Grover Norquist, head of Americans for Tax Reform. A story in the Washington Post indicates that disgraced lobbyist Jack Abramoff sent cash for lobbying through Americans for Tax Reform. The article states, “as the money passed through, Norquist’s organization kept a small cut, e-mails show.”
While I’m not an attorney, this certainly sounds like a potential conspiracy charge. As Roth Tax Updates notes, “ATR and Mr. Norquist may be vulnerable to some serious problems with the IRS.” I think that’s an understatement. (Thanks to Roth Tax Updates for the hat tip.)
News Story:
Yagman Indictment (Los Angeles Times)
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