Standard for Financial Reporting Murky After Justices' denial

Tax attorneys James Dawson, Chad Vanderhoef and Alexander Olama co-authored a Bloomberg Law article breaking down the Bedrosian v. United States case. The authors discuss the U.S. Supreme Court's refusal to hear arguments in this case, which concerned a standard for willfulness in financial reporting. Since no justice authored a dissent, it left practitioners to speculate why the court denied the petition.

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