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Tax Lawyer, Vol. 61, No. 2 NOTES 657NOTEMacMurray v. Commissioner:Distinguishing Between the Reasonable Cause and Good Faith Requirements of the Section 6664 Exception to Accuracy-Related PenaltiesIn MacMurray v. Commissioner the Tax Court held, in a summary opinion, that the taxpayer’s exclusion of income derived from a settlement constituted a substantial understatement of income.1 The taxpayer was therefore liable for an accuracy-related penalty under section 6662(a).2 The Tax Court found that...