It took seven years, but Charles Ulrich did something many people dream about, but few succeed at: He beat the IRS in a tax dispute.Via Newsalert!
Not only that, but tax experts say potentially millions of other taxpayers could benefit from his victory.
The accountant from Baxter, Minn., challenged the method the IRS has used for more than 20 years to tax shares and cash distributed by mutual life insurance firms to their policyholders when they reorganize as public companies.
A federal court recently agreed with his interpretation
Dispatches from Chicago's south side.
Sunday, August 24, 2008
Lone accountant takes on IRS and wins
For those of you who do NOT care for tax time from the AP:
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