Michael Sardar was quoted in a recent article in Yahoo Finance entitled “IRS gets major power to request private tax info after Supreme Court decision,” published on June 11, 2023. The article discusses the ramifications of Polselli v. International Revenue Service on taxpayer and third-party privacy.
The article notes:
Last month, the highest court in the nation unanimously sided with the IRS in Polselli v. Internal Revenue Service, solidifying the tax agency’s ability to ask for documents or financial records of those associated with a delinquent taxpayer without notifying that third party.
“I think the concern would be that this allows the IRS to ultimately get access to information that purportedly is in connection with collecting taxes from taxpayer A, but then, inevitably, it is information about taxpayer B that wouldn’t have otherwise been available to the IRS,” Michael Sardar, tax controversy attorney and partner at Kostelanetz LLP, told Yahoo Finance.
Click here to read the full article.