Lowman et al v. United States of America
Case Number:
6:22-cv-02058
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Nature of Suit:
Judge:
Firms
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August 23, 2024
Business Or Home? The $1M Question, Judge Says
A family-run company that spent $7.3 million on a house overlooking San Francisco Bay may have used it for business and so the family's trust could be entitled to a $1 million tax refund for related operating losses, a Florida federal judge said.
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November 09, 2022
Trust Owed $1M Tax Refund On Loss Carryback, Court Told
Two co-trustees of a family trust told a Florida federal court the IRS hasn't acted on a nearly $1 million tax refund request they claim they are owed after a revision in tax rules allowed them to carry back operating losses from 2017 and 2018.