IRS Loses Lawsuit: Refunds for 30 Million Policyholders Possible
Don’t agree with the IRS? Sue them. That’s just what an accountant and one of clients did. For years, the accountant has been protesting a tax law, and they have finally had a court rule in their favor.
The exciting part, is that the ruling also affects 30 million other people! You could be one of them if you were the policyholder of an insurance company that demutualized.