Wells v. CIR
Case Number:
18-9007
Court:
Nature of Suit:
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January 15, 2019
Bonus Depreciation Claim Came Too Late, US Tells 10th Circ.
A Colorado farm operator can't claim bonus depreciation on expenses the IRS said could not be deducted because she didn't raise the issue until after a U.S. Tax Court trial, the government recently told the Tenth Circuit.
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November 13, 2018
Tax Court Wrong On Farm Owner's Tax Bill, 10th Circ. Hears
The U.S. Tax Court wrongly computed a Colorado farm operator's tax liabilities because it didn't consider bonus depreciation deductions, the operator told the Tenth Circuit on Tuesday.