Lamar Odom, of the Dallas Mavericks recently sued the IRS after he received a tax bill for $87,000.00. The IRS denied him a tax deduction of $190,000 in personal fitness fees and NBA-imposed fines from his 2007 tax return. Mr. Odom found himself a good tax attorney to fight the IRS, Robert T. Leonard.
The IRS settled rather than go to court. The settlement called for about 10% of the IRS claim, or $7,827 plus interest. Sometimes it pays to fight the IRS with the aid of a good tax attorney. Read the storyÂ here.
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