Former Microcaptive Promoter Sues IRS After Being Assessed With $11 Million In Section 6700 Penalties

UNITED STATES – OCTOBER 21: TAX SHELTERS—Ranking Democrat Max Baucus, D-Mont., and Chairman Charles … [+] E. Grassley, R-Iowa, during the Senate Finance Committee hearing on tax shelters titled \Tax Shelters: Who\’s Buying, Who\’s Selling, and What\’s the Government Doing About It?\ (Photo by Scott J. Ferrell/Congressional Quarterly/Getty Images) CQ-Roll Call, Inc via Getty Images …

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