The U.S. Tax Court sided Monday with a founder of a line of knockoff baby products who claimed the company was worth about $10 million less than the IRS believed, saying the agency’s appraisal failed to consider the impact of his extramarital affair and an ensuing FBI investigation.
Tax Court Backs Founder’s Valuation Of Baby Products Co.
by usoftax_admin | Apr 7, 2025 | Tax News