Attorney Profile - Genelle Forsberg

Education

• LLM (Masters in Tax Law), Southern Methodist University, Dallas, TX (1978)
• J.D., Drake University, Des Moines, IA (1976), with honors
• Accounting Courses, University of Minnesota (1972-1973) and Des Moines Area Community College (1974)
• Graduate History Courses, George Washington Univ., Washington, D.C. (1971)
• B.A., Central College, Pella, IA (1971), summa cum laude

Work Experience

• Private practice (1996 - present) in areas of income, estate and gift tax planning, and tax controversies
• Consultant for American Express Financial Advisors, Advanced Services Division (1996-2002)
• Adjunct Professor, William Mitchell College of Law & University of Minnesota Law School (1992-1998)
• Senior Attorney, Office of Chief Counsel, U.S. Treasury (1976-1995)
• Legal Intern, Estate Tax Division, IRS (1973-1976)
• Examiner, Income Tax Division, IRS (1972-1973)

Representative Cases Litigated

Estate Tax Cases:

• Estate of Sullivan v. Commissioner, T.C. Memo. 1993-531
• Estate of Wedum v. Commissioner, T.C. Memo. 1989-184
• Estate of Radel v. Commissioner, 88 T.C. 1143 (1987), acq. 1987-2 C.B. 1

Corporate Income Tax Cases:

• H Enterprises International, Inc (Waldorf Corp.) v. Commissioner, 105 T.C. 71 (1995), subsequent proceedings, T.C. Memo. 1998-97, aff’d, 183 F. 3d 907 (8^th Cir. 1999)
• Guy Schoenecker, Inc., & Subsidiary Business Incentives, Inc. v. Commissioner, T.C. Memo 1995-539 (Reasonable compensation)
• Jostens, Inc. v. Commissioner, T.C. Memo. 1989-656, adhered to on reconsideration, on part, T.C. Memo. 1990-97, aff’d, 956 F.2d 175 (8^th Cir. 1992)
• Feilen Meats, Inc. v. Commissioner, T.C. Memo. 1984-341 (Accumulated earnings)
• Grodt & McKay Realty, Inc. v. Commissioner, 77 T.C. 89 (1981) (Tax shelter)

Fraud Cases:

• Harry Ray v. Commissioner, T.C. Memo. 1991-106
• Stephen Scallen v. Commissioner, T.C. Memo. 1987-412, aff’d, 877 F.2d 1364 (8^th Cir. 1989)
• Homer Adcock v. Commissioner, T.C. Memo. 1982-206 (Former Iowa Liquor Commissioner)

Precedent Setting Cases:

• Colestock v. Commissioner, 102 T.C. 380 (1994) (Statute of limitations)
• Gantner v. Commissioner, 91 T.C. 713 (1988), aff’d, 905 F.2d 241 (8^th Cir. 1990), cert. denied, 498 U.S. Supreme Court 921 (Applicability of wash sale provisions to stock options)
• Baldwin v. Commissioner, 84 T.C. 859 (1985)
• Hatfield v. Commissioner, 68 T.C. 895 (1977) (Tax protestor)

Publications

• Bankupt’s Immunity from the Use or Derivative Use of His Bankruptcy Testimony in a Subsequent Criminal Proceeding, 25 Drake Law Review 465 (1975)

Speeches

• An Ethics Discussion (panel member), University of Iowa College of Law Annual Spring Tax Institute (1993)
• Resolving Federal Tax Disputes, Annual Tax Law Institute, Minnesota Bar Assocation (1989)
• An Overview of the Taxation of Commodity Straddles,Regional Counsel’s Continuing Legal Education (1985)
• Instructor at Chief Counsel’s Advanced Trial Advocacy Training (1991) and Tax Litigation Training (1986)

Professional Recognition

• James E. Markham Award for excellence in leadership and exceptional professional contributions to the Office of Chief Counsel (1988)
• Chief Counsel Special Acts Award (1994, 1988 and 1985)

Professional Associations

• Minnesota State Bar Association, Probate and Trust Law Section

Admitted to Practice (State)

• Minnesota
• Iowa

Admitted to Practice (Federal)

• U.S. Supreme Court
• Eighth Circuit Court of Appeals
• U.S. Tax Court