News
Gunster attorney Martin Press was recently profiled for Tax Notes' Year in review: The 2014 tax person of the year article by Tax Analysts, a national publisher of in-depth tax news and analysis. He was one of nine notable professionals who left their mark on tax policy, practice and administration in 2014.
The Jan. 5 profile discusses Press' involvement in three of the year's most talked-about tax cases in 2014:
- U.S. v. Clarke – The U.S. Supreme Court ruled that taxpayers who provide a plausible inference of bad faith on the part of the IRS may get an evidentiary hearing in a summons enforcement case. Read more about the case: Supreme Court ruling gives taxpayers power to fight IRS summons (Gunster.com Newsletters & Alerts, 6/23/14). Sign up for Gunster e-alerts at www.gunster.com/subscribe.
- Dynamo Holdings v. Commissioner – Tax Court ruled that taxpayers may use computer-assisted document review when responding to discovery requests by the IRS.
- U.S. vs. Zwerner – Although a jury upheld a $2.2 million penalty against defendant for willful failure to disclose foreign bank account reports, the case settled before questions of an excessive penalty under the Eighth Amendment could be addressed, Press told the Tax Analyst writer.
Read the entire profile: Year in review: The 2014 tax person of the year (Tax Analysts - Tax Notes, 1/5/15)
