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Estate Entitled to Abatement of Failure to File Penalty for Late Estate Tax Return – Wealth Strategies Journal



The US District Court for the District of New Jersey held that an estate was entitled to a refund of failure to file penalties for filing an estate tax return late. The court reasoned that IRS refusal to abate the penalties was arbitrary and capricious.

See full opinion by clicking Estate of Skeba (DC NJ Oct. 3, 2019): Estate Entitled to Abatement of Failure to File Penalty for Late Estate Tax Return.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..





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