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Willfulness for Sec. 6672 purposes may mean reckless disregard.

Authors :
Fiore, Nicholas J.
Phillips, Mary E.
Source :
Tax Adviser; Jul96, Vol. 27 Issue 7, p449, 3p
Publication Year :
1996

Abstract

Presents a case illustrating tax regulations affecting disregard of corporate entity in the United States. Revocation of the company's certification by the US Federal Aviation Administration; Personal liability of the company's founder in paying withholding taxes; Ruling by the US Internal Revenue Service (IRS) on the taxes' payment.

Details

Language :
English
ISSN :
00399957
Volume :
27
Issue :
7
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
9608014783