Minnick files tax lawsuit against Boise firm

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by Associated Press

KTVB.COM

Posted on June 14, 2012 at 11:50 AM

BOISE -- Former Congressman Walt Minnick has filed a malpractice lawsuit against the law firm that handled a conservation easement that led the Internal Revenue Service to disallow a $1 million tax deduction.

Minnick says it appears he will lose his appeal in Tax Court and will have to pay over $300,000 in taxes, along with interest, penalties and state taxes. The lawsuit also seeks compensatory damages and legal fees.
 
The Idaho Statesman reports Minnick and his wife, A.K., filed a lawsuit against the Hawley Troxell law firm last week. It alleges a real estate lawyer failed to comply with IRS regulations in handling a 2006 conservation easement.
 
Managing partner Steve Berenter said the firm believes Minnick was provided excellent legal service and that the firm was not negligent.

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