Ex-Fuddruckers Franchisee Can't Use NOLs, 11th Circ. Affirms

By Asha Glover · April 2, 2024, 8:28 PM EDT

The U.S. Tax Court correctly ruled that the former owner of failing Fuddruckers franchises cannot deduct $1.8 million in carryover net operating losses because she did not show enough evidence she...

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Case Information

Case Title

Betty Amos v. Commissioner of Internal Revenue

Case Number

23-10532

Court

Appellate - 11th Circuit

Nature of Suit

Agency 

Date Filed

February 21, 2023