Supreme Court Skips Review of IRS’s Deal With Bankruptcy Debtor

The US Supreme Court on Monday said it won’t consider whether the IRS agreed to limit its right to collect additional tax from an Alabama real estate developer when the agency consented to a limited proof of claim in bankruptcy court.

Charles Breland Jr. and the IRS negotiated a revised $2.02 million claim for the agency in bankruptcy court, which the agency attributed to income taxes and penalties it said Breland owed for tax years 2004 to 2008. Later, the IRS sought to revise its proof of claim upward, but the revision was denied by both the bankruptcy court and ...