Not only that, but tax experts say potentially millions of other taxpayers could benefit from his victory.
The accountant from Baxter, Minn., challenged the method the IRS has used for more than 20 years to tax shares and cash distributed by mutual life insurance firms to their policyholders when they reorganize as public companies.
A federal court recently agreed with his interpretation.
If a company distributed shares worth $30 and a recipient subsequently sold them at $32, under the IRS' view they would pay taxes on all $32. Under Ulrich's interpretation, they would owe taxes only on the $2 per share gain.




Senator Joe Biden, who was chosen by Democratic presidential hopeful Barack Obama to be his running mate in the upcoming US elections, has previously declared himself to be a Zionist. Calling Israel "the single greatest strength America has in the Middle East," he also revealed a Jewish connection in an interview last year.
Drug companies are spending millions of pounds every year on all-expenses-paid trips to conferences around the world for doctors and other hospital staff, in what critics say is a massive marketing exercise dressed up as medical education.
Two new studies showing that vaccines increase the risk of diabetes have been published in the Open Pediatric Medicine Journal.





























