Virginia Escher | Law Firm Newswire

Fairfax, VA (Law Firm Newswire) November 21, 2016 – In September 2016, the Sixth Circuit repeated the precedent that failure to file a tax return and to pay a tax liability must be subject to penalty under §6651(a) (1) and §6651(a) (2). Estate executors should understand the notion that penalties will be owed in cases where they neglect to file a tax return in a timely fashion or perform a miscalculation of the estate tax liability. However, despite the executor’s consultations with the attorney on several occasions, and the attorney’s reassurances that such duties will be carried out in a […]

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