The Problems with Tax Shelters are Bigger than Just the Big CPA Firms
Local firms are getting caught in the scandal.
In Syracuse, N.Y., several investors have joined a nationwide class action suit against lawyers and accounting firms, including Texas law firms Jenkens & Gilchrist and Cantley & Sedacca LLP; three accounting firms, BDO Seidman LLP, Pasquale & Bowers LLP and Dermody, Burke and Brown; and Deutsche Bank AG and Deutsche Bank affiliates. Suyacuse-based Dermody, Burke and Brown is named in the suit only because in 2002 it acquired and absorbed the Pasquale & Bowers firm, which worked with the clients. More