Asphalt Co. Can't Deduct $4.7M In Fees, 8th Circ. Affirms
By Theresa Schliep · April 26, 2022, 4:58 PM EDT
An asphalt company can't claim $4.7 million in tax deductions for management fees it paid out to its shareholders, including its president, after the Eighth Circuit found Tuesday that the payments...
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