$173,125 Income Tax Assessment Reversed
by
DeWitt Law, PC
August 8, 2022
United States Tax Court – Taxpayer was audited by the IRS for tax year 2018. The IRS determined that the Taxpayer failed to report taxable income from the sale of his home, resulting in an additional tax assessment of $173,125 (excluding interest). DeWitt Law represented the Taxpayer and challenged the assessment by filing a petition in U.S. Tax Court. The Court entered an order reversing the tax assessment.
Results, Tampa, Tax Litigation, U.S. Tax Court
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$350,000 Tax Assessment Reversed to $0
by
DeWitt Law, PC
August 10, 2020
United States Tax Court – Taxpayer was audited by the IRS for tax year 2016. The IRS issued a Notice of Deficiency and assessed over $350,000 in taxes, penalties, and interest. DeWitt Law represented the Taxpayer and challenged the tax assessment in U.S. Tax Court. The assessment was reversed and the Taxpayer owed $0 in additional tax.