Tax case with MX implications

There have been some discussions in the past regarding whether mx 'sponsorship' by a rider's or riders family's business is a legitimate business deduction vs a hobby loss. A case was just decided where it was held that hobby loss rules do not apply to C Corporations. So, consider using a C Corp if you're looking to deduct mx expenses, and check out Potter, Jeff M. et ux. et al. v. Commissioner; No. 4972-14; No. 5754-14; T.C. Memo. 2018-153.