John Woolley - Profile and Journalist Details
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John Woolley
Verified
Reporter, Bloomberg Law
Washington
Beats
News FeaturesArts& Culture Lifestyle Education.
Content
By John Woolley Verified| Daily Tax Report Verified XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
By John Woolley Verified| Bloomberg Law Verified The owners of an Arabian horse training and breeding operation are liable for tax deficiencies and penalties because their business wasn’t operated for profit and so they couldn’t claim a loss deduction, the US Tax Court ruled Thursday. Mark and Deborah Himmel failed to demonstrate that they had the requisite financial expertise to engage in the Arabian horse industry, nor did they receive any advice beyond what a horse enthusiast would seek for a hobby, Judge Tamara W. Ashford said.
By John Woolley Verified| Daily Tax Report Verified XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Company Info
Bloomberg Law
Bloomberg Law is a legal research and workflow solutions platform under Bloomberg L.P. It provides AI-driven tools and data analytics tailored for legal professionals. The platform offers a comprehensive database for case law, statutes, and legal analysis, available through a fixed-price subscription model that allows unlimited access. The services include AI-powered contract solutions for drafting and analysis, as well as a legal project management platform called Dashboard Legal, which enhances task tracking and document management. Bloomberg Law also features specialized content inherited from the Bureau of National Affairs, including niche publications and real-time regulatory updates. By integrating legal research with Bloomberg's financial data ecosystem, the platform delivers predictive analytics and document automation, aiming to streamline workflows for law firms, corporate legal departments, and government agencies.
Arlington, Virginia, United States
+1 888-560-2529
Founded: 1981