Court Denies Estate's Challenge to Penalty

In Estate of Cederloff v. United States, the U.S. District Court for the District of Maryland found the Estate failed to show that the IRS erroneously imposed a penalty.  The Estate argued that the decedent's multiple residences, business and contemporaneous death of the decedent's separated wife made it "extremely confusing and impossible" to timely determine and file the Estate's tax.

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.