The company that runs a Brooklyn food store filed a petition with the US Tax Court arguing the IRS didn’t explain why it cited the store as having $11.9 million in tax deficiencies.
Food Spot Inc. said the notices of deficiency for the 2016 through 2019 tax years said they related to “business gross receipts” without explaining the nature of the alleged error.
The company’s Dec. 22 petition argues the court should deny the penalties on procedural grounds for failure to meet the statute of limitations. Food Spot also said the IRS didn’t meet its burden or proof, and “the ...
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