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Thursday, August 27, 2009

Court Rejects "Geithner Defense" in IRS Case

It seems as though Geithner's defense of "Turbotax missed my errors" doesn't work for the IRS.

A federal court rejected an attempt by two Ohio residents to use the so-called TurboTax defense that Timothy Geithner relied on to help win Senate confirmation as U.S. Treasury Secretary.

The U.S. Tax Court in Washington rejected an appeal of accuracy-based penalties assessed by the Internal Revenue Service on Kenneth and Linda Hopson, who claimed they relied on tax-return preparation software that failed to detect income they had omitted from their 2006 federal tax returns.


I guess John Edwards was right about his two Americas - one for the politicians and one for everyone else.