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Enough to Buy Some Nice Cars Online.Navigation: Main page Author: Novack, Janet Section: Informer
Meanwhile, Los Angeles entrepreneur and ex-lawyer John C. Bedrosian and his wife are in U.S. Tax Court over a $5 million irs assessment for 1999 and 2000. The feds say they used an improper tax shelter to create a phony $18 million loss, offsetting gains from stock sales of newly public Internet car-buying service Autobytel, which Bedrosian cofounded. Bedrosian's lawyer Richard E. Hodge says he personally recommended his client go for independent tax advice to Jenkins & Gilchrist--not knowing the law firm was allegedly peddling dubious shelters. If he loses, Bedrosian can afford to pay up. Last year Tenet Healthcare, whose predecessor Bedrosian also cofounded, paid him $163 million after losing an employment-contract lawsuit over his 1993 ouster. ~~~~~~~~ By Janet Novack in the Fair Use guidelines of the 1976 U.S. Copyright Act. info [at] singlearticles.com Powered by CommonSense |
MONEY LAUNDERING. Say "Cheerio" to Jeeves. They May Not Sound Hot, But They're Staying On Top. |
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