Recent content by ucol

  1. U

    IRS Imposing Unjust Penalty - How to Fight?

    The IRS is imposing a penalty on us that seems to be unfair and against their own rules. The penalty is IRC Section 6662(a) and states that a 20% penalty is to be applied on the increased tax. The issue stems from an inherited retirement account which was not reported as we thought it had...
Back
Top