Hobby Lobby’s Tax Refund Overturned

Hobby Lobby’s Charitable Trust made a charitable contribution of appreciated property; unfortunately, the Tenth Circuit denied their 3.2 million dollar refund. Hobby Lobby describes itself as the largest privately owned arts-and-crafts retailer in the world, with more than 800 stores and 32,000 employees in 47 states.  Hobby Lobby started as a home business by David and …

Hobby Lobby’s Tax Refund Overturned Read More »