In Michael Boulware v. Cir, No. 19-73235 (9th Cir. 2021), The Tax Court did not abuse its discretion by denying an individual’s motion for reconsideration of a fraud penalty. The IRS issued two separate notices of deficiencies determining civil deficiencies in tax along with penalties for several tax years at issue. The taxpayer filed two petitions in the Tax Court for a redetermination of the tax liability reflected on those notices and the petitions were consolidated.
For more details, see USCA9 Case: 19-73235, (9th Cir. 2021).
For reference of video recording, see “19-73235 Michael Boulware v. CIR”
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.