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Reply to "IRS penalty- Settle or proceed to litigation? "
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[quote=Anonymous]OP, I was in a [b]very[/b] similar situation several years ago and decided to litigate. The IRS frequently lacks sufficient grounds and evidence for pursuing these sorts of cases. Moreover, there are countless precedent cases of this type that have been argued in favor of the defendants. Mine was dismissed and I was further awarded all legal fees and punitive damages to the tune of $5M. Absolutely you should push back on this! Will recommend my attorney, if you’re interested. [/quote]
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