No Interest & Penalties on Restitution Assessments

Published Categorized as Articles, Houston, Tax

The IRS can assess criminal restitution as if it is a tax tax. But can it assess interest and penalties on the restitution as it would a tax? The IRS policy is to do just that. The court addressed this in Klein v. Commissioner, 149 T.C. 341 (2017), concluding that the IRS policy violates the […]

The post No Interest & Penalties on Restitution Assessments appeared first on Houston Tax Attorneys: Kreig Mitchell.

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