Kid-Care founders settle debt with IRS
Lawyer News
The Internal Revenue Service has settled a claim against the founders of Houston's Kid-Care for about $1,000 — a tiny fraction of the hundreds of thousands that Texas Attorney General Greg Abbott claimed the couple had stolen from the charity.
The agreement, dated Nov. 7, says Carol Porter owes $938.93 in unpaid taxes from 2001 and 2002, while her husband, Hurt Porter, owes $37 from 2002. The document stipulates that the Porters have not acknowledged any improper expenditures.
In a lawsuit filed in April 2003, Abbott said the Porters had used some of the charity's funds for personal expenses such as airline trips and lavish meals.
Abbott settled the case with the Porters' insurance company for $495,000 in August 2004.
Abbott's investigation identified almost $500,000 in questionable expenses the Porters billed to Kid-Care's credit cards from 1999 through 2002. The IRS case involves the Porters' tax returns from 2001, 2002 and 2003.
"The expenses laid out by the attorney general seemed to be the same expenses that the IRS was questioning," said Juan Vasquez, a tax attorney who represented the Porters.
Related listings
-
Pitt loses appeal in lawsuit against IRS
Lawyer News 11/06/2007A federal appeals court has overturned a lower court ruling that granted a tax refund of more than $2 million to the University of Pittsburgh and about 200 faculty members who took early retirement.Pitt sued the federal government on behalf of its fo...
-
IRS to Improve International Tax Administration
Lawyer News 10/26/2007The Internal Revenue Service intends to improve international tax administration in an effort to reduce the tax gap.As part of that effort, the IRS said it would increase its outreach to international taxpayers, as well as taxpayers in U.S. territori...
-
Small Firms Flock to IRS E-Filing
Lawyer News 10/26/2007[##_1L|1025331367.jpg|width="128" height="81" alt=""|_##]The more than 42,000 large corporations that have already "e-filed" this year exceeds the approximately 22,000 that were required to file by the Sept. 17 deadline. Small businesses have no elec...
Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.