Green v. Commissioner

CARL E. STEWART, Circuit Judge:

This appeal involves a final order of the United States Tax Court finding that Petitioner-Appellant George Green (“Green”) failed to properly report settlement proceeds as taxable income and improperly deducted certain expenditures and losses as business expenses and losses. The Tax Court also sustained the Commissioner’s assessment of accuracy-related penalties for these deficiencies. We affirm.

I. FACTUAL AND PROCEDURAL BACKGROUND

The income at issue in this case resulted from a whistleblower lawsuit that Green brought against the Texas Department of Human…