IRS Wins Short Sale Case But Makes a “Graev” Error in a Case where the Tax Court Acknowledges the Turbo Tax Defense
In a case with some very interesting legal issues (at least “the kind of conundrum only tax lawyers love”), the IRS is denied penalties for failing to produce the signature of a supervisor. The Tax court gave an early Christmas present to a handful of taxpayers including the Estate of Michael Jackson and Warren Sapp (consolidated…
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