Taxpayer offers compromise case shows complexity
The government reduced a Michigan backing firm executive William Bridge’s tax bill by $493,298 to $372,000, after he claimed assets totaling only $26,768. The settlement, part of 10,000 offers in compromise last year, relied on future earnings and asset transfers. Bridge, 51, heads Baker Driveaway Co. and links to several family firms. IRS details show lifestyle and corporate control, with payments slated as six annual installments.
MENTIONED IN THIS ARTICLE
Harry F. Rosenthal
Gaylord Shaw
Associated Press
Washington
Michigan
Iowa
William Oldfield Bridge
Bridge
Michigan Thoroughbred S Breeders and Owners Association
No Corporation
Frances G. Bridge
Harold Snyder
The
IRS
Tax Court
IS Examiner
U S
Bridee
Willem Reinhart
Ambrose M Stoepier
Sheldon S. Cohen
Bridie
William O. Bridge
Snyder
Nebraska
Odebsk
Delaware
F. G. Bridge Snyder
Shinrone, Inc
Shinrone
Sac County
Charles E. Lakin
I Itsel
Odebolt
Ik35
Baker Driveaway Co
Chrysler Corp
4 States
Interstate Commerce Commission
F. G. Bridge
Baker Driveaway Co., Inc
Baker
Baker Drive Alway
Frances G. Budge
William G. Bridge
Delrel Inc
Detroit
Wfich
Delrel
Anonnual
Delaware Secretary of State
Bloomfield Hills
Hazel Park Racing Assn. Inc
Hazel Park
Oakland County
Baker Driveaway
U.S
TRS
James G. O'Hara
O'Hare
Congress
Tax
O'Hara
Congressional
Kennedy and McCarthy stir 1968 race shift
Lyndon Johnson faces a new challenge as Robert Kennedy pivots from support to opposition in the 1968 Democratic race. Kennedy, long allied with Johnson, now signals a possible run amid McCarthy momentum in New Hampshire and rising Vietnam concerns. The evolving dynamic risks a Kennedy McCarthy split against Johnson at the convention.
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Vietnam
Senate
Congress
Wayne Morse
D-Ore
United States
Martin Shepard
Citizens For Kennedy- Fulbright
J. ’. Fulbright
D-Ark
Eugene J. A MecCarthy
D-Minn
Ike Kennedy
Chicago
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