Kevin Durant Sues Accountant Over Tax Troubles

The Oklahoman:  Kevin Durant Sues Accountant Over Tax Troubles:

Oklahoma City Thunder star Kevin Durant is seeking monetary damages from a California accountant on counts of professional negligence, breach of fiduciary duty and breach of contract. He is asking for at least $200,000 on each count.

Oklahoma City Thunder star forward Kevin Durant is having tax troubles, and he blames his former accountant.

In a federal lawsuit, Durant complains the accountant made a number of mistakes on his company’s tax returns, such as deducting the cost of his personal chef as a business expense.

“Fees paid to a personal chef would not be regarded by a reasonably prudent accountant as qualifying for a business expense deduction,” Durant’s attorneys stated in the lawsuit.

Durant sued California accountant Joel Lynn Elliott in December on counts of professional negligence, breach of fiduciary duty and breach of contract. He is asking for at least $200,000 on each count.

• ESPN, Kevin Durant Suing Accountant
• Forbes, Kevin Durant Calls Foul on Tax Preparer Over Improper Deductions, by Tony Nitti
• TMZ, Kevin Durant Sues Accountant: You Can't Write Off My Personal Chef!
• USA Today, Kevin Durant Sues Ex-accountant For Tax Troubles

(Hat Tip: Jon Forman.)