WASHINGTON - The IRS wants to reach into a Boston banker's grave to collect $1.9 million it claims he owes. Even though the malpractice case isn't expected to go to trial until next year, the IRS demanded John J. Ryan's estate pay the $1.9 million in additional 2000 estate taxes, penalties and interest - presuming that Ryan's estate would receive $4 million from the case. Ryan's estate has asked the U.S. Tax Court to void the IRS demand. Even though the malpractice case isn't expected to go to trial until next year, the IRS demanded Ryan's estate pay the $1.9 million in additional 2000 estate taxes, penalties and interest - presuming that Ryan's estate would receive $4 million from the case. Ryan's estate has asked the U.S. Tax Court to void the IRS demand.
Posted by Editor at October 7, 2003 10:45 AM