The Case of the Missing Cattle-Overvaluation Penalty

Published: Feb. 28, 2009, 8:58 p.m.

b'Can nonexistent cattle be overvalued?\\xa0 The Ninth Circuit, disagreeing with the Tax Court and other circuits, says it cannot be in the case of Keller v. Commissioner, 2009 TNT 37-17 reversing on this issue the Tax Court\'s decision in TC Memo 2006-131.

The materials for this podcast can be downloaded at http://www.edzollars.com/2009-03-02_Cattle.pdf .

The podcast is sponsored by Leimberg Services at http://www.leimbergservices.com .
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