John W. Schroeder, Jr. - Page 14




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               B.  Imposition of a Penalty Under Section 6673                         
               As relevant herein, section 6673(a)(1) authorizes the Tax              
          Court to require a taxpayer to pay to the United States a penalty           
          not in excess of $25,000 whenever it appears that proceedings               
          have been instituted or maintained by the taxpayer primarily for            
          delay or that the taxpayer's position in such proceeding is                 
          frivolous or groundless.  The Court has indicated its willingness           
          to impose such penalty in lien and levy cases, Pierson v.                   
          Commissioner, 115 T.C. 576, 580-581 (2000), and has in fact                 
          imposed a penalty in several such cases, Roberts v. Commissioner,           
          118 T.C. 365 (2002) (imposing a penalty in the amount of                    
          $10,000); Perry v. Commissioner, T.C. Memo. 2002-165 (imposing a            
          penalty in the amount of $2,500); Crow v. Commissioner, T.C.                
          Memo. 2002-149 (imposing a penalty in the amount of $1,500);                
          Smeton v. Commissioner, T.C. Memo. 2002-140 (imposing a penalty             
          in the amount of $1,000); Newman v. Commissioner, T.C. Memo.                
          2002-135 (imposing a penalty in the amount of $1,000); Yacksyzn             
          v. Commissioner, T.C. Memo. 2002-99 (imposing a penalty in the              
          amount of $1,000); Watson v. Commissioner, T.C. Memo. 2001-213              
          (imposing a penalty in the amount of $1,500); Davis v.                      
          Commissioner, T.C. Memo. 2001-87 (imposing a penalty in the                 
          amount of $4,000).                                                          
               In the present case, respondent has not specifically                   
          requested imposition of a penalty under section 6673(a)(1).                 






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