April 13, 2018
The family of a deceased corporate executive lost their $2.2 million lawsuit in a California federal court on Thursday after failing to prove that the IRS had acted in bad faith by approving a lien subordination application in a settlement resulting from the family's use of a Son of Boss tax shelter.
January 12, 2016
The family of a deceased corporate executive sued the U.S. government in a California federal court Monday over a $2.2 million penalty, which it claims the IRS illegally imposed after years of bad-faith negotiations regarding the family's use of a "Son of BOSS" tax shelter.