TIGTA Finally Stumbles On The Real IRS Scandal
For tax assessments over $10,000,000 or so, IRS should not be fighting with one arm tied behind its back. They should be able to employ the same greedy, sociopathic geniuses who devised the Son-of-Boss deals and pay them whatever the traffic will bear. Only they have to barred for decades from representing taxpayers after they leave IRS.
Did Tax Court Just Say That There Are Thousands Of Unfiled Oil Partnership Returns ?
I am really puzzled as to how the IRS and the taxpayers are supposed to unscramble this egg. The Tax Court apparently has just ruled that there are hundreds (?) of unfiled putative partnership returns with a default tax matters partner, which is in bankruptcy
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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.