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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31 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
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MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals before fouling out i ...
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Update
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14 hours ago

Martin says he’s committed to leading T’Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals before fouling out in a rare show of aggression ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
8

14 hours ago

Martin says he’s committed to leading T-Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
7

14 hours ago

Martin says he’s committed to leading T’Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals before fouling out in a rare show of aggression on the defensive end from ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
5

14 hours ago

Martin says he’s committed to leading T-Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals before fouling out in a rare s ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
4

14 hours ago

Martin says he’s committed to leading T-Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple o ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
3

14 hours ago

Martin says he’s committed to leading T-Wolves

Oct 1 2014 7:15pm CDT | Source: Sportsnet.ca

MANKATO, Minn. — In the final game of last season, and the final game of Rick Adelman’s coaching career, Kevin Martin went down swinging. While most of the Minnesota Timberwolves slogged through one last game in a massively disappointing season, Martin went after the Utah Jazz. He scored a season-high 36 points, attacked the rim to get to the free throw line for 10 shots and even came up with a couple of steals before fouling out in a rare show of aggression on the defensive end from him. Mart ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
2

17 hours ago

Coach: Westbrook is best point guard in the NBA

Oct 1 2014 4:32pm CDT | Source: Sportsnet.ca

OKLAHOMA CITY — Thunder coach Scott Brooks thinks Russell Westbrook is the best point guard in the NBA. Westbrook wholeheartedly agrees. Los Angeles Clippers point guard Chris Paul could argue with Brooks, as could several others. But Westbrook’s numbers and overall success show that the statement isn’t far-fetched. Westbrook’s Thunder beat Paul’s Clippers in the Western Conference semifinals last year. Westbrook’s playoff stats were jaw-dropping — he posted averages of 26.7 points ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 
Update
1

17 hours ago

Coach: Westbrook is best point guard in the NBA

Oct 1 2014 4:32pm CDT | Source: Sportsnet.ca

OKLAHOMA CITY — Thunder coach Scott Brooks thinks Russell Westbrook is the best point guard in the NBA. Westbrook wholeheartedly agrees. Los Angeles Clippers point guard Chris Paul could argue with Brooks, as could several others. But Westbrook’s numbers and overall success show that the statement isn’t far-fetched. Westbrook’s Thunder beat Paul’s Clippers in the Western Conference semifinals last year. Westbrook’s playoff stats were jaw-dropping — he posted a ...
Source: Sportsnet.ca   Full article at: Sportsnet.ca
 

 

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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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