Contents

Acknowledgments and Note on Sources

Introduction

Part I    Shelters Rising

1    The IRS under Siege

2    Why Tax Shelters Matter

3    Gimme Shelters

Part II    Accounting Firms

4    The Skunk Works

5    Watson’s Choice

6    Accounting for Fraud

7    Dances with Wolves

Part III    Law Firms

8    The Texas Juggernaut

9    Lowering the Bar

Part IV    The Reckoning

10    Turning the Tide

11    The Government Closes In

12    Endgame: KPMG and Jenkens

Conclusion

Notes

Index