April 29, 2019
The Tenth Circuit upheld a 40% IRS penalty against a Colorado couple who were found to have vastly overstated the value of donated land, saying Monday the agency is not bound by an earlier clerical error imposing a lesser penalty.
October 22, 2018
The Internal Revenue Service asked the Tenth Circuit on Monday to uphold a decision by the U.S. Tax Court imposing civil tax penalties against a Colorado couple, saying the valuation penalties that were imposed after initial determinations were both timely and accurate.
August 31, 2018
A Colorado couple asked the Tenth Circuit on Friday to overturn a decision by the U.S. Tax Court imposing civil tax penalties, saying the valuation penalties that were imposed after initial determinations by the IRS should be barred for being too late.