Tag Archives: TaxProf

A Penny Saved, Lots of Dollars Lost

The old cliche is, “A penny saved, a penny earned.” In real life, though, sometimes when you save some pennies you lose lots and lots of dollars. So was the case for two taxpayers who filed a case in Tax … Continue reading

Posted in IRS, Tax Court | Tagged , | Comments Off on A Penny Saved, Lots of Dollars Lost