IRS loses case on Demutualization taxation

[SportsNut]

IRS has lost its case about taxation of demutualized insurance companies to a 72 year old Minn. accountant, Chuck Ulrich. This could affect 1000's of ppl and billions of dollars, potentially.

Lone accountant takes on IRS and wins - Yahoo! News

Here is the accts website on Demutualization:

MetLife Policyholders' Class Action