The Court of Federal Claims imposed penalties on tax shelter participants.
Alpha I, L.P. v. United States, Docket 06-407T (Fed. Cl. May 27, 2010)
Developments in Federal and State Tax Litigation
The Court of Federal Claims imposed penalties on tax shelter participants.
Alpha I, L.P. v. United States, Docket 06-407T (Fed. Cl. May 27, 2010)
The U.S. Tax Court finds that IRS agent is liable for tax and penalties on unreported income from thousands of eBay sales.
Read the opinion here:
Orellana v. Commissioner, T.C. Summ. 2010-51