Tax Law

Recent Posts

IRS Authority to Settle After Referral to DOJ Tax
Posted on 21 Nov 2013 by Jack Townsend

I point readers to an excellent blog by Peter Reilly -- An Isley Brother In Tax Court - Does Tax Crime Pay (Forbes Taxes 11/10/13), here . Peter discusses the recent decision [ enhanced version available to lexis.com subscribers ] in Isley v. Commissioner... Read More

Illinois Amnesty Period Double Interest Penalty Restricted
Posted on 4 Apr 2012 by Sean Craig

The Illinois Court of Appeals, First Division, held that a taxpayer was not subject to a double interest penalty provided under an amnesty program for additional income taxes that could not be determined at the time of the amnesty period. Metro. Life... Read More

Illinois Amnesty Period Double Interest Penalty Restricted
Posted on 4 Apr 2012 by Sean Craig

The Illinois Court of Appeals, First Division, held that a taxpayer was not subject to a double interest penalty provided under an amnesty program for additional income taxes that could not be determined at the time of the amnesty period. Metro. Life... Read More