The Tenth Circuit affirmed Monday the U.S. Tax Court’s determination that a Denver personal injury lawyer shouldn’t be allowed to deduct about $300,000 for his car racing-related costs as advertising, despite his claims that his races helped him drum up business.
10th Circ. Affirms Nix Of Atty’s Racing Expense Deductions
by usoftax_admin | Dec 9, 2024 | Tax News