IRS Hands Down $1.9 Million Penalty to Calif Bond Attorney

McConnell, Alison L.
March 2006
Bond Buyer;3/1/2006, Vol. 355 Issue 32329, p1
Trade Publication
The article reports on the United States Internal Revenue Service's (IRS) assessment of a $1.9 million Section 6700 penalty on attorney Richard H. Hargrove for his participation in abusive "joint powers authority" deals done between 1995 and 2000. The background of the case is presented. The article also reports on Hargrove's filing of a lawsuit challenging the IRS' assessment in U.S. District Court on January 12, 2006.


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