Partners in a subscription business don’t owe around $70 million in taxes as the IRS claimed because the agency notified them too late and couldn’t extend the deadline by proving the partners had filed fraudulent returns, the U.S. Tax Court said in rulings Thursday.
$70M Bill Came Too Late, Tax Court Says In Tossing IRS Claim
by usoftax_admin | Sep 5, 2024 | Tax News