United States Eighth Circuit

Tax court's imposition of accuracy-related penalties under 26 USC 6662(a) is in error where spouses produced evidence that they reasonably relied, in good faith, on the advice of a competent accountant who was fully informed of the relevant facts.

Appellate Information

• Decided 06/07/2001
• Published 06/07/2001

Judges

• HANSEN, Circuit Judge., Before WOLLMAN, Chief Judge, HANSEN and MURPHY, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Thomas F. Arends, Schaumburg, Illinois, argued, for appellant.


• For Appellees:
  
• Karen D. Utiger, Washington, D.C., argued (Paula M. Junghans and Thomas J. Clark, on the brief), for appellee.