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A federal court judge has permanently banned Scott A. Waage, San Diego attorney, and his law firm, from preparing federal tax returns for others. The injunction, in which Waage did not have to admit the allegations, requires him to give the government a list of all the clients who have used his tax planning and preparation since 2001. Among his several ploys, Waage, touting his "visionary" approach to tax payments, advised clients to set up sham consulting operations (purportedly in the clients' own home) that performed no services. Clients used the sham consulting firms as a deduction, according to the Justice Department.

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Comments

Visduh Aug. 28, 2012 @ 11:29 a.m.

I'm sure he's not the only or first tax adviser who helped his clients save taxes that way. He probably went wrong when he didn't make sure they had some of the more traditional trappings of such a "business", and were far more flagrant about it.

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Don Bauder Aug. 28, 2012 @ 3:06 p.m.

There is nothing new under the sun -- particularly with lawyers specializing in tax avoidance. Best, Don Bauder

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SurfPuppy619 Aug. 28, 2012 @ 12:33 p.m.

No admission of guilt??? No discipine by the Bar?? Our (very broken) system at work!

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Don Bauder Aug. 28, 2012 @ 3:10 p.m.

It was like a Securities and Exchange Commission consent decree. He didn't have to confirm or deny his role in the activities. I thought the most important aspect is that he had to turn over the list of his clients. Best, Don Bauder

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SurfPuppy619 Aug. 28, 2012 @ 3:45 p.m.

Clients should sue him for malpractice.

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Don Bauder Aug. 28, 2012 @ 6:57 p.m.

The clients can sue if they have any money left after the IRS is finished with them, or they can find a lawyer to work on contingency. I think a smart lawyer would think twice before he or she took on this case on a contingency basis. Would you take a contingency case against a lawyer nailed for using dubious tricks to help clients avoid taxes? Best, Don Bauder

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