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December 2, 2008



Tax-shelter lawsuit nearer trial

A former client suing accounting firm KPMG and a Seattle investment firm on allegations they drew him into an improper tax shelter received a favorable court ruling this month and is moving closer to a trial. A New Jersey judge ruled that KPMG committed accounting malpractice in a 1998 tax return for businessman Michael Sullivan that included the use of a tax strategy designed to avoid paying

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Higher prices, push up medical costs, study says

Higher prices for health services, such as prescription drugs, hospital stays and doctor visits Äî not malpractice claims or greater access to health-care services Äî is the major reason why Americans spend far more for health care than citizens in other industrialized countries, according to a new study in the current issue of the journal Health Affairs.

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Lawmakers reach deal on medical malpractice costs

After two years of stalemate, state lawmakers said Wednesday they have reached an agreement to lower doctors' medical malpractice costs that could move quickly through the Legislature this week.

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