Chicago tax lawyer Robert E. McKenzie worries those with still secret offshore accounts may be less likely to disclose because they figure that if they’re found out and prosecuted, they’ll avoid jail as Warner has. But McKenzie tells prospective clients the same thing he wrote recently on Forbes: “Many other less lucky offshore depositors have been sentenced to prison by other judges. One distinguishing factor for Warner was he was a billionaire whereas those sent to prison were merely millionaires.”
On Friday, May 12, Arnstein & Lehr LLP partner Robert E. McKenzie was awarded the Jules Ritholz Award by the American Bar Association Civil and Criminal Tax Penalties Committee. The award recognizes Mr. McKenzie’s outstanding integrity, dedication and achievement in the field of tax controversy.