The owner of a New York stove and fireplace store had about $1 million in receipts for 2014 and isn’t entitled to deduct gasoline and depreciation expenses, the U.S. Tax Court said Thursday, sustaining most of a determination made by the Internal Revenue Service.
Stove Store Owner Had $1M In Receipts, Tax Court Says
by usoftax_admin | Sep 26, 2024 | Tax News