Are IRS Agents Fiduciaries? Answer Questions Truthfully


Lying is inconsistent with the duty of loyalty owed by all fiduciaries. Gregg v. Transportation Workers of America International, 343 F.3d 833 (6th Cir. 2003). A fiduciary also may not materially mislead beneficiaries. Varity Corp. v. Howe, 516 U.S. 489, 505 (1996). A fiduciary must give complete and accurate information in response to participants’ questions. [...]

May 23rd, 2009 by admin