A recent Tax Court decision was reported that may be of interest to individuals potentially dealing with tax litigation. J. Frank Best, Certified Public Accountant and United States Tax Court Practitioner, works to stay current on all IRS decisions concerning tax litigation to ensure we are fully informed and prepared for our clients.
The Tax Court held that an attorney who has been admitted to practice before the court had unreported income, wasn’t entitled to deductions or credits beyond those allowed in an IRS deficiency notice, and is liable for additions to tax for failure to timely file a return and for failure to pay estimated tax.
SAMUEL KORNHAUSER,
Petitioner
v.
COMMISSIONER OF INTERNAL REVENUE,
Respondent