Explore 4 court opinions on Deductibility Of Business Expenses. AI-powered plain English summaries, key holdings, and legal analysis.
4 recent cases analyzed in this topic area.
Intangible Assets Not "Cost of Goods Sold" for Tax Deduction
Corning Place Ohio, LLC v. CIR, decided by Sixth Circuit on November 5, 2025, resulted in a defendant win outcome. The Sixth Circuit affirmed the Tax Court's decision, holding that Corning Place Ohio,...
Third Circuit Denies Business Expense Deduction for Son's College Costs
Stephanie Murrin v. Commissioner of Internal Revenue, decided by Third Circuit on October 17, 2025, resulted in a defendant win outcome. The Third Circuit affirmed the Tax Court's decision, holding th...
Cryptocurrency investor not a 'trader' for business expense deductions
Paul Taylor v. Commissioner of Pennsylvania D, decided by Third Circuit on August 13, 2025, resulted in a defendant win outcome. The Third Circuit affirmed the Tax Court's decision, holding that the t...
Cryptocurrency is not 'real property' for like-kind exchange tax benefits
Lonnie Hubbard v. Comm'r of Internal Revenue, decided by Sixth Circuit on March 19, 2025, resulted in a defendant win outcome. The Sixth Circuit affirmed the Tax Court's decision, holding that the tax...