The IRS faces tough questioning from justices over privacy concerns in third-party summons dispute

The IRS faces tough questioning from justices over privacy concerns in third-party summons dispute

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Over several years, Remo Polselli racked up over $ 2 million in federal tax liabilities. After he made a partial payment from the account of one of his limited liability companies, the IRS suspected Remo might be hiding his assets by transferring them to other entities or individuals. The agency thus issued administrative summonses to several banks, including those at which Remo’s wife, Hanna, and his law firms held accounts. Although the IRS failed to notify Hanna or the … Read the rest