Jay Goldberg

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  • Jay Goldberg, Donald Trump’s former divorce attorney, later represented Willie Nelson in a debt crisis and tax dispute. “How'd it happen, Willie? How'd a successful international troubadour get $16.7 million down on his taxes? […] The fact that Nelson's on the losing end of a tax crisis won't end up in a song. Too complicated. […] Nelson says he later paid Price Waterhouse -- $1 million to help clean up the mess and that it recommended borrowing and investing in ‘tax shelters’ that included a ‘securities firm’ and cattle-feeding operations. […] The investments lost a bundle and also were ruled ineligible as tax write- offs. Nelson came up owing $6 million in tax; nearly twice that in interest. […] He filed a $45 million suit in Dallas federal court against Price Waterhouse and wants a jury trial in Texas. Price Waterhouse's Ken Koprowski said Thursday that the firm only provided tax and accounting services and ‘never acted as Mr. Nelson's investment advisor.’ Meanwhile, the IRS has declared that lawsuit a possible Nelson asset - and will collect its due if he wins. Nelson's attorney, Jay Goldberg, who's also handling Donald Trump's matrimonial divvy-up, says Nelson is ‘committed’ to paying his taxes, as evidenced by his refusal to go the bankruptcy route to erase his debts.” (USA Today, February 15, 1991)