11 Updates
NBA: OKC Thunder F Kevin Durant Dismisses Lawsuit vs. Accountant
Photo Credit: Getty Images

NBA: OKC Thunder F Kevin Durant Dismisses Lawsuit vs. Accountant

Feb 24 2014, 8:24pm CST | by

Oklahoma City Thunder star forward Kevin Durant dismissed his $600,000 federal lawsuit against his former accountant Joel Lynn Elliott who allegedly deducted some personal expenses as business expenses on Durant's taxes.

Oklahoma City Thunder star forward Kevin Durant has dismissed his lawsuit against his former accountant Joel Lynn Elliott.  The Associated Press has more on the development in a Feb. 24 update:  "...

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29 weeks ago

NBA: OKC Thunder F Kevin Durant Dismisses Lawsuit vs. Accountant

Feb 24 2014, 8:24pm CST | by

NBA: OKC Thunder F Kevin Durant Dismisses Lawsuit vs. Accountant Photo Credit: Getty Images

Oklahoma City Thunder star forward Kevin Durant dismissed his $600,000 federal lawsuit against his former accountant Joel Lynn Elliott who allegedly deducted some personal expenses as business expenses on Durant's taxes.

Oklahoma City Thunder star forward Kevin Durant has dismissed his lawsuit against his former accountant Joel Lynn Elliott

The Associated Press has more on the development in a Feb. 24 update

"Oklahoma City Thunder star Kevin Durant has dimissed his $600,000 federal lawsuit against his former accountant. 

"The two-page filing dated Friday says only that Durant and his company -- K. Durant Enterprises LLC -- had agreed to dismiss the lawsuit filed by Durant in December against Joel Lynn Elliott in federal court in San Jose, Calif. The filing does not say whether there is a settlement

"Attorneys for Durant and Elliott did not return phone calls to their offices. 

"The lawsuit alleged that the California-based Elliott deducted some personal expenses as business expenses on Durant's taxes without proper documentation. It alleged professional negligence, breach of fiduciary duty and breach of contract and sought $200,000 for each of the three counts." 

More specifically, a Feb. 18 TMZ report states Elliott classified personal fees to Durant's chef as a business expense. 

Part of the lawsuit states,"Fees paid to a personal chef would not be regarded by a reasonably prudent accountant as qualifying for a business expense deduction." 

Durant maintains this is just one of Elliott's many misplaced transactions which got him in trouble with the IRS. It reached a point when his tax returns dated 2007 to 2011 were so disorganized, he had to tap another firm to straighten everything out, per the TMZ report. 

Durant is a leading MVP candidate in the 2013-14 NBA season, averaging 31.6 points, 7.7 rebounds and 5.5 assists through Feb. 24, according to ESPN stats.

With this, he told Darnell Mayberry of NewsOK.com during NBA All-Star Weekend how his game has evolved over the past two years.  

"I think the game a little bit more. I would say two years ago it started to slow down for me and I started to see the game in a different light as far as being a scorer, being a facilitator, defender. So it slowed down for me in the last three years. 

"And I definitely have to get better to get where I want to be. But my goal is just always learn from my mistakes, stay strong for my team throughout the tough times and adversity and have fun at the end of the day. And everything else I feel is going to take care of itself."

 His Thunder have the NBA's second-best record with a 43-14 (.754) mark as of Feb. 24. 

 

 
Update
11

14 hours ago

Monty Williams: “People Don’t Know How Hard Harden Works”

Sep 18 2014 8:15pm CDT | Source: dime mag

The legend of post-practice one-on-one games between Kevin Durant, Paul George, and James Harden in the early stages of Team USA training camp is well-known. Long, intense, and highly competitive, these battles featuring three of the league’s brightest young stars goes to show just how much time and effort NBA players spend on their craft. […] The post Monty Williams: “People Don’t Know How Hard Harden Works” appeared first on Dime Magazine (dimemag.com) : Daily NBA News, NBA T ...
Source: dime mag   Full article at: dime mag
 

 
Update
10

17 hours ago

DC Sports Bog: Dan Snyder gave Kevin Durant a game ball after Redskins-Jaguars game

Sep 18 2014 5:47pm CDT | Source: Washington Post Sports

It’s been an exciting day for Kevin Durant on the ol’ Instagram machine. A few hours after showing off his Natitude, Durant shared a photo of a game ball commemorating the Redskins’ win over the Jaguars on Sunday. Durant, as you likely know by now, was at FedEx Field for the game. He thanked Dan Snyder for the gesture in the caption. Read full a ...
Source: Washington Post Sports   Full article at: Washington Post Sports
 

 
Update
9

18 hours ago

Austria - UBSC Graz cuts Cliff Dixon, adds Albert Ngoy

Sep 18 2014 4:05pm CDT | Source: eurobasket

DenisKrestininUBSC Graz has announced that the club has terminated the try out of Kevin Durants half Brother Clifford Dixon. Dixon just arrived a week ago and was cut after like two preseason games. Both of them losses. Dixon had to drop out of the second game because of knee problems. Meanwhile Graz added guard Albert Ngoy to their roster. Ngoy is a former Austrian u16, u18 as well as u20 national team player who started his career in Kapfe ...
Source: eurobasket   Full article at: eurobasket
 

 
Update
8

20 hours ago

DC Sports Bog: Kevin Durant takes Natitude to a new level with his custom jersey

Sep 18 2014 2:14pm CDT | Source: Washington Post Sports

Oklahoma City star and D.C. native Kevin Durant wore a Robert Griffin III jersey and watched Sunday’s Redskins game with Wizards star John Wall at FedEx Field. Perhaps we’ll see him at Nationals Park in October. Read full article ...
Source: Washington Post Sports   Full article at: Washington Post Sports
 

 
Update
7

20 hours ago

The Equalizer Part 3: The Dominating Kevin Durant

Sep 18 2014 2:00pm CDT | Source: dime mag

Don’t call him Slim Reaper. Despite Kevin Durant‘s reluctance to embrace any nickname other than a simple “KD” the OKC sharpshooter headlines the final entrant in a three-part series where we’ll give you the NBA players who best represent an “Equalizer,” a person who levels the playing field so everyone gets a fair shake. There […] The post The Equalizer Part 3: The Dominating Kevin Durant appeared first on Dime Magazine (dimemag.com) : Daily NBA News, NBA Trad ...
Source: dime mag   Full article at: dime mag
 

 
Update
5

22 hours ago

Kevin Durant has grown close with Karl Malone

Sep 18 2014 12:40pm CDT | Source: NBC Sports

Not an expected pairing, but they can re ...
Source: NBC Sports   Full article at: NBC Sports
 

 
Update
4

23 hours ago

Karl Malone Calls Kevin Durant To Cheer Him Up When He’s Struggling

Sep 18 2014 11:00am CDT | Source: dime mag

Kevin Durant‘s had a busy summer. First, he made a somewhat controversial decision to drop out of the FIBA World Cup, citing physical and mental exhaustion. After that, Under Armour and Nike got into a bidding war for his services. Durant ultimately chose to stay with the swoosh. As he prepares for the start of […] The post Karl Malone Calls Kevin Durant To Cheer Him Up When He’s Struggling appeared first on Dime Magazine (dimemag.com) : Daily NBA News, NBA ...
Source: dime mag   Full article at: dime mag
 

 
Update
3

1 day ago

Karl Malone Mentors Kevin Durant After Bad Games

Sep 18 2014 10:15am CDT | Source: slamonline

OKC Thunder superstar Kevin Durant reveals that, after particularly rough nights on the court, he’s been getting support from Hall of Famer Karl Malone. The reigning NBA MVP tells Esquire that he also tries to be a mentor to younger players: ”I’ve gotten close with Karl Malone, who’s called me numerous times when he can see on TV that I’m struggling, feeling bad after a loss. He can tell.”   ”I try to talk to the younger guys. I don’t want to force myself on anybody, so ...
Source: slamonline   Full article at: slamonline
 

 
Update
2

1 day ago

Can the NBA Ever Replace Kobe Bryant?

Sep 17 2014 6:24pm CDT | Source: Bleacher Report

Few jerseys are as recognizable as the purple-and-black No. 24 (or No. 8, if you go back far enough), donned by a current player who will be elected to the Hall of Fame as soon as he's eligible. Few players are as respected as the man whose name has become virtually synonymous with a poisonous species of snake from sub-Saharan Africa.   Few names are as recognizable as Kobe Bryant's, whose presence in ...
Source: Bleacher Report  Full article at: Bleacher Report
 

 
Update
1

1 day ago

Closing the Gap

Sep 17 2014 2:44pm CDT | Source: slamonline

OK, rest of the world. Time to cry “uncle” already. I’m an American, who appreciates winning, steak, Will Ferrell, and all the rest of it. But I am tiring of this headlock Team USA has every other nation in. On Sunday, the United States beat Serbia 129-92 in a FIBA World Cup title game that after six minutes held about as much drama as Anchorman 2: The Legend Continues. The US has now reeled off 63 straight wins, a run that was cool ...
Source: slamonline   Full article at: slamonline
 

 

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Poch de la Rosa follows all major U.S. sports: NFL, MLB, NBA, NHL and the NCAA. His favorite teams are the Colts, Braves, Pacers, Sharks and Irish, respectively.

 

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