Tech Entrepreneur Appeals Rejected Deal on $127 Million Tax Debt

A tech entrepreneur claims the IRS and the US Tax Court committed numerous legal errors in refusing his $1.5 million offer in compromise over an almost $127 million tax debt from 1999.

Tech entrepreneur Andrew “Flip” Filipowski told the US Court of Appeals for the Eleventh Circuit that the IRS rejected his offer in compromise “based on numerous factual misunderstandings and a flawed interpretation of the law and rules,” and the US Tax Court “reached factual conclusions unsupported by the record” in sustaining the agency’s dectermination. The decision should be reversed, he said in an opening brief at the circuit ...