Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
Thread: The Villages and the IRS. From Lauren Ritchie
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Old 09-03-2010, 07:32 AM
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Originally Posted by Taj44 View Post
Lauren, thank you for taking the time to post, and to welcome questions. Certainly above and beyond the call of duty. Many of us in The Villages have welcomed your column and the information you've brought to light.

I do think that in the event of IRS victory, if penalties and costs were passed on to the residents, there would be some sort of class action lawsuit. Of course, considering legal fees, it would be an expensive and messy drawn out process, but c'est la vie. It does sound to me like the Morse's interpretation of CDD's was not in keeping with the original intent of the CDD legislation which could bear on the IRS decision.
Whoa. Wait a minute. The Morses interpretation of CDDs has given us this remarkable lifestyle.