Monthly Archives: April 2016

Taxpayer win as ‘Hobby Loss’ rules are reviewed by the Court of Appeals once again !

Seventh Circuit lambasts Tax Court on its hobby loss analysis in horse racing decision Roberts v. Comm., (CA 7, 4/10/2016) 117 AFTR 2d ¶ 2016-629 The Court of Appeals for the Seventh Circuit, reversing the Tax Court, has concluded that … Continue reading

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