The Fifth Circuit, in United States v. Barbara L. Holmes, et al., affirmed a district court decision holding that an estate tax collection suit against an executrix and her husband wasn’t time barred by the statute of limitations. In addition, the Fifth Circuit affirmed the lower court’s rejection of their damages claim against the IRS for an alleged wrongful lien on their property.

See full opinion by clicking United States v. Barbara L. Holmes, et al.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.