2nd Circ. Revives Penalty Collection Fight In $380M Tax Case

By Kat Lucero ( June 29, 2026, 6:49 PM EDT) -- The Second Circuit revived penalty collection challenges Monday by six companies found to owe $380 million to the IRS from participating in a tax scheme, saying an appeals officer's failure to verify that fines had been approved by a supervisor invalidated the collection process....

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