$52,365.60 Federal Income Tax Assessment Reduced To $2,478 by U.S. Tax Court
Taxpayer received a Notice of Deficiency from the IRS proposing additional federal income tax for three tax years. The basis for the proposed assessment was alleged unreported income and disallowed Schedule C expenses. DeWitt Law represented the Taxpayer in U.S. Tax Court to challenge the Notice of Deficiency. The Court entered an order reversing the proposed assessments for two years and substantially reducing the remaining year to $2,478.