Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

Whether you file your taxes using online software or consult a tax professional, you need to get the right forms together. There are myriad permutations, but here is the most common information and ...

The capital gains tax is levied on any profit made from the sale of an asset in a given year, whether it's a home, a car, stocks and bonds or cryptocurrency. Not everyone pays capital gains tax, ...