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Third Circuit Upholds Tax Court In Large Dollar Horse Hobby Loss Opinion

Por: Forbes Business April 04, 2023

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Horse's are training at the racetrack at sunrisegetty Judge Thomas Hardiman of the of Tax Court Judge Albert Scholar Al Lauber's opinion . It is a large dollar hobby loss opinion - horses of courses - that may have implications in the future. In approving the IRS denial of the over $3,000.000 in losses on Bluestone Farms LLC (85% owned by Skolnick), Judge Lauber indicated that he had weighed the sixth of nine regulatory factors -... + full article



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