Gary Barnett, the embattled football coach at the University of Colorado, whose program has been investigated for sexual assault and recruiting violations over the past several years, now has Uncle Sam to contend with. The Internal Revenue Service has begun an investigation into two summer football camps that Barnett operates for boys ages eight to 13. Although university officials and the IRS declined to reveal what the investigation has centered on, Barnett's lawyer told the Rocky Mountain News that he thinks the probe is related to media reports that focused on allegations of questionable accounting and lax oversight of camp expenditures. Barnett said that he was cooperating and was "anxious for the truth to get out." The IRS probe follows a report by a Colorado grand jury that criticized how Barnett's football camps tracked money, alleging that the procedures amounted to a "slush fund" for the coaches. The grand jury convened about a year ago to delve into allegations that the CU program freely used sex and alcohol to procure potential recruits.In 2001, three women charged that they had been sexually assaulted by CU football players. Those charges quickly morphed into a series of investigations by the police, prosecutors and the grand jury.
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Scenes from an Italian restaurant; blue Hawaii; you're gonna be soooory; and other highlights of recent tax cases.
10h ago -
The IRS is reminding taxpayers and tax practitioners of the changes to the credit from this year's big tax legislation.
11h ago -
A baker's dozen of key takeaways from our PE Summit for accounting firms looking to secure their future — whether with private equity or not.
December 12 -
A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons.
December 12 -
The Regional Leader will add Lancaster-based Ross Buehler Falk & Co. effective Jan. 1.
December 12 -
CPA Firm Management Association appoints board of directors; EY names new Louisville office managing partner; and more news from across the profession.
December 12



