August 26, 2009

SUCH DEFENSES ARE NOT FOR THE LITTLE PEOPLE: Tax Court Rejects Taxpayer’s Attempt to Use Geithner’s TurboTax Defense. “Petitioners were not permitted to bury their heads in the sand and ignore their obligation to ensure that their tax return accurately reflected their income for 2006. In the end, reliance on tax return preparation software does not excuse petitioners’ failure to review their 2006 tax return.” With bonus Geithner video.

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