According to Law360 the U.S. Tax Court the Internal Revenue Service deficiency notices for nearly $4 million against a Texas certified public accountant, finding that he couldn't seek federal income tax deductions from efforts to investigate his father's death and that asset transfers among his partnerships pointed to tax avoidance.
Have a Tax Problem?
Let Us Help!
Contact the Tax Lawyers at
Marini & Associates, P.A.
for a FREE Tax Consultation Contact US at
or Toll Free at 888-8TaxAid (888 882-9243).
Read more at: Tax Times blog