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Trust Filing Mistake Case May Reshape "Reasonable Cause" Rules

Summary by insightfulaccountant.com
A new federal district court case, Murphy v. United States, creates an important distinction in the long-established Boyle standard for penalty relief when taxpayers rely on tax preparers.
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insightfulaccountant.cominsightfulaccountant.com

Trust Filing Mistake Case May Reshape "Reasonable Cause" Rules

A new federal district court case, Murphy v. United States, creates an important distinction in the long-established Boyle standard for penalty relief when taxpayers rely on tax preparers.

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insightfulaccountant.com broke the news in on Thursday, April 3, 2025.
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