Episode 16 - Norwich Comm. Group v. Commissioner

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Recorded15 May 2025

Publisherfeed.podbean.com ↗

Handlerec:19016416

Show notes

What happens when your accountant does your accounting AND signs the audit report? Nothing good. In this case, the taxpayer overpaid tax on $7+ million of income and nearly lost the ability to get a deduction for the correction! We take a deep dive into inside baseball of public accounting, accounting for mortgage originators, and how the taxpayer won this case. Enjoy!

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