On October 26, 2016, Harold Levine, a Manhattan tax attorney and former head of the tax department at a major Manhattan law firm (“Law Firm”), and Ronald Katz, a Florida certified public accountant, were indicted for allegedly engaging in a multi-year tax evasion scheme to divert millions of dollars in fees from the Law Firm and to conceal that income from the IRS.  According to the indictment, Levine diverted over $3 million in fee income from tax shelter and related transactions he worked on while a partner at Law Firm to a partnership entity he co-owned with Katz.  Levine allegedly failed to report over $1.2 million of that income on his personal tax returns between 2005 and 2011.  Levine was charged with one count each of conspiracy, obstructing the IRS, tax evasion,  and wire fraud, and two counts of false statements. Katz was charged with one count of conspiracy, one count of obstructing the IRS, and two counts of tax evasion.  United States v. Levine, 1:16-cr-715 (S.D.N.Y.). DOJ Press Release