Court Wrongly Tossed Man's $3.2M IRS Penalty, 2nd Circ. Told

By Theresa Schliep · June 29, 2020, 5:28 PM EDT

A New York man owes a $3.2 million penalty for failing to report a distribution from his foreign trust, the U.S. told the Second Circuit on Monday, urging it to reverse...

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