Two taxpayers are seeking Supreme Court review of a Ninth Circuit decision that they couldn’t use partnership losses to offset nonpartnership income because they failed to sign and file their tax returns, a ruling that they say contradicts legal precedent and is inconsistent with IRS guidance.
Jeffery Leon is a legal reporter whose work has been featured in Bloomberg Law. He covers a wide range of topics related to tax law, IRS cases, and legal disputes. His articles provide in-depth analysis and reporting on important developments in the legal field.