Feds go after Rogue River lawyer for failing to pay $125,000 in taxes - News - MailTribune.com - Medford, OR

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2015-05-19

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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Medford School District budget funds new student success programs RCC President Angstadt retires Rogue jet boat tour company eyes TouVelle for permanent home Prefontaine-style running trail proposed in south Medford Jackson County district election turnout under 17 percent Crime, Courts and Emergency Services Medford police identify woman found dead in field Emergency services, May 18 Body found in southeast Medford field Emergency services, May 17 Public meetings for May 18-22, 2015 Politics and Elections Jackson County district election turnout under 17 percent Arthur I. Cyr: Camp David summit will not help Mideast stability Ashland water bills could go up to fund watershed protection Pacific Connector Gas Pipeline opponents rally in Medford BREAKING: Baltimore prosecutor charges officers in Freddie Gray's death Education Medford School District budget funds new student success programs RCC President Angstadt retires Four South Medford seniors build soccer lockers SOU student's project tells story of devastating Weed fire South Medford, Ashland high schools earn national honors Environment Rogue jet boat tour company eyes TouVelle for permanent home Why is Bear Creek so muddy? Blame Emigrant silt and winter storm Mt. Ashland Ski Area proposes summer adventure center Jackson County declares drought disaster Ashland water bills could go up to fund watershed protection State News Senate panel passes medical pot rules Oregon wildlife officials eye phased-in hunting, fishing fee increases Wyden's gambit on trade deal pays off Panel sends Jackson, Josephine drought declarations to governor Court overturns $85 million award for Oregon soldiers Nation - World There's a $10 million precious stone hidden in plain sight at Grand Central Obituaries Clarence Allen (Al) Swearingen George Frederick Christensen Henry Daw Patricia Anne Staniforth Karen Ann Sharp Weather Photo Galleries Since You Asked Videos Web Cams Mail Tribune 100 Shareable Check out top import and export for every U.S. state Patriots fan sets up GoFundMe page to help pay for team's Deflategate fine Sports Latest Stories San Diego committee unveils plans for $1.1 billion stadium Spoilers lurk as American Pharoah seeks history NFL owners have key meetings this week Record Round St. Mary's Wu sets all-time scoring record with 63 Varsity 541 College Sports Oregon track sweeps at Pac-12s Hovinga stars on mound as Ducks advance Duck men, women lead in Pac-12 track meet Wu falls just short of advancing to NCAAs Beavers continue hot streak, trip Cardinal Pro Sports San Diego committee unveils plans for $1.1 billion stadium Spoilers lurk as American Pharoah seeks history NFL owners have key meetings this week Leroux, Wambach lift U.S. past Mexico Allred finishes in 16th at BMW Charity Pro-Am Community Sports Bailey picks up modified win Business Latest Stories Two Crown Markets planned for Talent Cars We Remember: 1955 and 1956 Plymouth memories Blog: L is For... Blog: Cash deals for homes inches toward normal levels Tourism stronger than ever in Southern Oregon Real Estate News Single-family home sales take off Never enough: New Starbucks proposed on Barnett Road in Medford Jackson County debt-ridden homeowners have an option New home in an old house Naumes plans custom-crush winery in former packing house People In Business People in Business Transportation Tourism stronger than ever in Southern Oregon Medford airport still flying high with record passenger counts Erickson finds room to work at Medford airport Lithia Motors nets $40.7 million in first quarter Lithia Motors reports second-best quarter ever Agriculture 1-800Flowers.com reports $10.5 million loss in third quarter Naumes plans custom-crush winery in former packing house Opinion Latest Granlund cartoon: Memorial Day and Uncle Sam George Barnes: We need to help free Tom Brady Lloyd Garver: The Apple Watch - good birth control? 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Shane R. Reed, 53, was sentenced to five years' probation. According to a news release from the U.S. Attorney's Office in Portland, Reed admitted that in 2006, 2007 and 2008, he filed federal tax returns reporting income of $880,000. Based on that, he owed $129,000 in taxes and did not pay. Rather, he used his earnings to fund a lavish lifestyle that included mortgage payments on a $1 million home with a heated swimming pool, $110,000 in vehicle expenditures and $40,000 to pay for purchases at high-end retail stores, federal prosecutors said. According to court records, Reed has since paid all of his taxes for 2006 through 2008, but still owes the Internal Revenue Service about $150,000 in back taxes for 2012 and 2013. As part of his probation, the court ordered Reed to pay all of his taxes and to comply with all tax laws required to lawfully operate his law practice. He was also ordered to perform 250 hours of community service. U.S. Magistrate Judge Thomas Coffin presided over the case, which was investigated by the IRS and prosecuted by Assistant U.S. Attorney Chris Cardini. According to the Oregon State Bar Association, Reed was reprimanded in September 2007 by the bar for a violation in a personal injury claim, in which he signed his client's name without proper disclosure to opposing counsel. He also was reprimanded for using the name "Law Offices of Shane Reed & Associates" for his business, when he was the only lawyer. Three other complaints to the state bar against Reed were dismissed, according to the association's records. By Jeff Duewel Grants Pass Daily Courier MailTribune.com By Jeff Duewel Grants Pass Daily Courier Posted May. 15, 2015 at 1:52 PM Updated May 15, 2015 at 3:46 PM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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