Boobies Rock Case – Great Name, Terrible Facts, Worse Outcomes
In a recent Tax Court case, Shryock v. Commissioner, T.C. Memo. 2026-44, the Tax Court sustained income tax deficiencies and additions to tax against a taxpayer who failed to file federal income tax returns for 2011, 2012, and 2013, failed to report income from a for-profit business operating under the name Boobies Rock! Inc. (“BR”),…
Read More