9th Circ. Asked To Revive $13M Bad Debt Deduction

By Anna Scott Farrell · October 22, 2024, 2:28 PM EDT

The U.S. Tax Court wrongly barred a business owner from taking a $13 million bad debt deduction for loans he made to his companies, he told the Ninth Circuit, saying the...

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Documents

Case Information

Case Title

Michael Kelly v. CIR

Case Number

23-70040

Court

Appellate - 9th Circuit

Nature of Suit

agency 

Date Filed

March 08, 2023