Business & Professional Ethics 6th Edition by Leonard Brooks

Exercise 60

As a result of the Ernst Young and KPMG tax fiascos, the large accounting firms have become wary of marketing very aggressive tax shelters. Now, most shelters are being sold by tax "boutiques" that operate on a much smaller scale and so are less likely to be investigated by the IRS. Is it right that accountants market aggressive tax shelter plans? Are tax shelter plans in the public interest?