Time to trot out the old jokes about accountants who keep two, sometimes three sets of financial books?
Or, to rehash the Muhammad Ali line about either lawyers or accountants when he said he had the Jewish ones keep an eye on the black ones and vice versa?
Not really, as VisionQwest, which is headed by Michael Lodge and is seemingly flexing its bean counter muscles in the business (including boxing) spheres of Pinoy Idol Manny Pacquiao is a respected international accounting firm which is based in Los Angeles but also has offices and operations in the Philippines.
A Los Angeles source/FOP (Friend of Pacquiao) tells me that VisionQwest is currently handling a heavy Internal Revenue tax audit of Pacquiao concerning the tax years 2006 to 2007.
(Please note, it is quite common for wealthy athletes and entertainers, like other high income individuals, to get audited by the federal government.)
