Basketball phenom and NBA MVP candidate, Kevin Durant has more going on than his hot streak. The NBA's leading scorer is suing his former tax attorney Joel Elliot with a claim that he had written a personal expense off as a business expense. Durant stated that "Fees paid to a personal chef would not be regarded by a reasonably prudent accountant as qualifying for a business expense deduction." In other words, Durant is saying that a tax attorney who actually knows what he's doing would not claim that a personal chef is a business expense. Does not take a rocket scientist to know that one, eh? However, it seems as though there is more to it than Elliot regarding the personal expense of a chef as a business expense.
This cannot be all that he has done, and apparently, the infamous IRS wasn't buying it. Literally. After discovering this, Durant fired Elliot and hired another tax firm to handle his business. It is clear that Durant wants no trouble with the IRS. Because of Elliot's carelessness, the 25 year old has had to pay $200,000. Now, it is Elliot's turn to fix the situation...in court. I imagine that Durant will make Elliot pay the $200,000 back and then some. Currently, Durant has made no comment about this situation.
I commend the NBA All Star for doing the right thing and taking care of this before it had gotten out of hand. That is a very intellectual move on his end. Apparently, he does not want to end up like celebrities and sports stars who have had bouts with the IRS.
Durant will have a chance to take his quiet frustrations out on the court when the Oklahoma City Thunder (43-12) take on the Miami Heat (37-14) this Thursday.
This should be one interesting game as Durant and LeBron James battle for the NBA MVP title.
@CST_SportSnitch
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