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Texas Tech Univ. School of Law

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Monday, May 26, 2014

Family of Madoff Fraud Victim May Seek Tax Refund

MadoffAfter the devastating effects of the fraud by Bernard Madoff, a U.S. Tax Court judge has given good news to the victims.

In Kessel v. Commissioner, the judge the estate of a man who paid taxes on his Madoff account is entitled to request and put on their case to receive a refund on the taxes paid.

See Andrew Zajac, Madoff Fraud Victim’s Estate Can Seek Refund in Tax Court, Bloomberg, May 23, 2014.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/05/family-of-madoff-fraud-victim-may-seek-tax-refund.html

Income Tax, New Cases | Permalink

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