Blame It On the Lawyers – Creating Basis Out Of Thin Air Not The Taxpayer's Fault
There is no statute of limitations if the returns are fraudulent. That is what the IRS was arguing about the BASR partnerships. It gets a little sticky though. The Court did not have any problem agreeing that the professionals involved in the scheme were as Holden Caulfield would say “phony bastards”. The actual partners, though, were just plain folks, they were relying on the professionals to do the right thing.
Unveiled God Needs A Lawyer In US District Court
Nancy Berryman apparently owes a bit of money to the IRS. They were seeking to foreclose on some real property which was titled to the Overseer. She wanted to represent herself, the Temple and the Overseer. The Court said no dice
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.