A business owner who claims the U.S. Tax Court wrongly barred him from taking a $13 million deduction for worthless debt told the Ninth Circuit that the federal government is ignoring economic realities surrounding the tax laws at issue in the case.
US Ignores Reality In $13M Debt Deduction Spar, 9th Circ. Told
by usoftax_admin | Feb 13, 2025 | Tax News