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Former MLB Manager Loses Tax Case Over Inflated Land Donation

Former Kansas City Royals manager Ned Yost and his business partners will have to pay 40% in penalties to the IRS because the land donated for conservation easement purposes was grossly inflated, the US Tax Court said in an opinion Tuesday.

Former Kansas City Royals manager Ned Yost and his business partners will have to pay 40% in penalties to the IRS because the land donated for conservation easement purposes was grossly inflated, the US Tax Court said in an opinion Tuesday.
The case … [395 chars]

Source: Bloomberg Tax News | Published: 2026-06-02T21:17:59Z

Credit: Bloomberg Tax News

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