Tax Court: Economic Hardship Exception to Proposed Levy Only for Individuals
admin2017-06-28T16:35:19+00:00In Lindsay Manor Nursing Home, Inc. v. Commissioner, 148 T.C. No. 9 (Mar. 23, 2017), where a corporate taxpayer sought release from a proposed levy because it would create an economic hardship, the Tax Court concluded that limiting economic hardship relief to individuals is a permissible interpretation of the statute. [...]