The U.S. Tax Court held that taxpayers were liable for civil fraud penalties under I.R.C. §6663 after finding that one spouse intentionally concealed business income from a jointly owned medical …
The U.S. Tax Court held that taxpayers were liable for civil fraud penalties under I.R.C. §6663 after finding that one spouse intentionally concealed business income from a jointly owned medical practice by diverting receipts into personal bank accou… [428 chars]
Source: Bloomberg Tax News | Published: 2026-06-15T17:50:37Z
Credit: Bloomberg Tax News
