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Taxation & Estate Planning

: TaxProf Blog

Court Gives IRS Rare Win in 'John Edwards Sub S Tax Shelter' Case

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Wall Street Journal, The IRS Targets Income Tricks, by Laur Saunders: [A] recent U.S. district court case [was] won by the IRS against David Watson, a CPA in West Des Moines, Iowa. At issue: a common tax-cutting maneuver available to the owners of millions of closely held businesses. The case,...

Full post as published by TaxProf Blog on January 24, 2011 (boomark / email).

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