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IRS Tax Court Fairbank v Commissioner, T C Memo 2023-19

In Fairbank v. Commissioner, T.C. Memo 2023-19 Tax Court ruled that the three-year statute of limitations did not bar assessment. IRS issued to Leigh and Barbara Fairbank a notice of deficiency for tax years 2003-2009. Because the Fairbanks timely filed their tax returns.

Tax Court In Brief | Fairbank V Comm r | Reporting Obligations For Foreign Trust Income And Ownership; Statute Of Limitations - Income Tax

9 Tragic and Near-Miss Aviation Incidents That Rocked NASCAR

9 Tragic and Near-Miss Aviation Incidents That Rocked NASCAR Champions, race winners and superstars were among NASCAR s toughest losses. By Al Pearce Bob LeveroneGetty Images And while NBA legend Kobe Bryant s death in a helicopter crash in California on Jan. 26, 2020, got the the attention of NASCAR drivers and teams, drivers say they plan no changes to their travel plans. “(The Bryant tragedy) rings home when you’re in a profession where you’re constantly traveling, taking off and touching down, sometimes almost daily, said Bowyer. It hits home and makes you think and appreciate every touchdown. But we can’t change anything because this is how we make our living. The sad thing is that those things happen all the time, but it takes (losing) a superstar like Kobe for us to realize it and wake up and learn from it.”

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