Olsen, et al v. CIR
Case Number:
21-9005
Court:
Nature of Suit:
-
November 04, 2022
10th Circ. Rejects Ex-Ballard Spahr Partner's Energy Credits
The U.S. Tax Court properly denied depreciation deductions and energy credits to an ex-Ballard Spahr LLP partner caught up in a $50 million solar tax credit scheme, the Tenth Circuit said Friday, finding his solar lens business activities lacked a profit motive.
-
January 11, 2022
Atty Urges 10th Circ. To Flip Tax Court's Solar Lens Finding
A former Ballard Spahr LLP partner asked the Tenth Circuit to reverse a U.S. Tax Court decision denying him tax benefits for the purchase of solar lenses, saying he merited them because he was seeking a profit.