Case law

Richmond Hosiery Mills v. Commissioner

14 T.C.M. 847 · United States Tax Court · Jul 29, 1955

Richmond Hosiery Mills v. Commissioner. Richmond Hosiery Mills v. Commissioner Docket No. 31528. United States Tax Court T.C. Memo 1955-214 ; 1955 Tax Ct. Memo LEXIS 119 ; 14 T.C.M. (CCH) 847 ; T.C.M. … On January 2, 1902, pursuant to authorization of its board of directors, petitioner made a pro rata distribution of 450 shares of common stock par value $100 each to its common stockholders.

Meldrum & Fewsmith, Inc. v. Commissioner of Internal Revenue

13 T.C.M. 992 · United States Tax Court · Apr 19, 1954

Armston Co. v. … It was not a new claim although allowed by the Board as part of the income of a year other than that claimed by the Commissioner." (Italics added) In the case of Helvering v.

Title & Trust Co. v. Commissioner

58 T.C. 900 · United States Tax Court · Aug 28, 1972

Under date of May 3,1961, petitioner’s board of directors adopted a resolution creating such reserve for unearned premiums. … Early v. Lawyer Title Ins. Corporation, supra.

Lopa v. Commissioner

43 T.C.M. 443 · United States Tax Court · Feb 3, 1982

VITO LOPA AND ROSE LOPA, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Lopa v. Commissioner Docket No. 11542-77. United States Tax Court T.C. Memo 1982-46 ; 1982 Tax Ct. Memo LEXIS 696 ; 43 T.C.M. … In Fausner v.

U.S. Bancorp v. Commissioner

111 T.C. 231 · United States Tax Court · Sep 21, 1998

Brown, for petitioner. BEGHE , JUDGE. … Sav. & Loan Association v.

Ione S. Wynne v. Commissioner

11 T.C.M. 298 · United States Tax Court · Apr 3, 1952

Wynne v. Commissioner. Ione S. Wynne v. Commissioner Docket No. 26933. United States Tax Court 1952 Tax Ct. Memo LEXIS 272 ; 11 T.C.M. (CCH) 298 ; T.C.M. (RIA) 52090 ; April 3, 1952 Charles L. … be included in the board's report.

Greenberg v. Comm'r

112 T.C.M. 4746 · United States Tax Court · Nov 9, 2016

Ladd Christman Brown, Jr., for respondent. … V.

Warren Auto. Club, Inc. v. Commissioner

8 T.C.M. 577 · United States Tax Court · Jun 14, 1949

Warren Automobile Club, Inc. v. Commissioner. Warren Auto. Club, Inc. v. Commissioner Docket No. 12702. United States Tax Court 1949 Tax Ct. Memo LEXIS 156 ; 8 T.C.M. (CCH) 577 ; T.C.M. … The members annually elect a board of trustees which constitutes petitioner's governing body. In such election each member is entitled *158 to one vote.

Keating v. Comm'r

94 T.C.M. 383 · United States Tax Court · Oct 11, 2007

Petitioner purchased and boarded her first horse when she was 15 years old. In 1996, when petitioner began her horse activity, petitioner realized a lifelong dream of working with horses. … In 2001, petitioner began boarding horses for, and leasing horses to, other individuals and providing horse clinics.

Penn v. Commissioner

11 T.C.M. 776 · United States Tax Court · Jul 28, 1952

Albert Penn v. Commissioner. Ralph Penn v. Commissioner. Penn v. Commissioner Docket Nos. 24254 and 27550. United States Tax Court 1952 Tax Ct. Memo LEXIS 131 ; 11 T.C.M. (CCH) 776 ; T.C.M. … Lockard v. Commissioner, 166 Fed. (2d) 409 , followed. Charles J. Munz, Jr., Esq., and Sidney R. Reed, Esq., both of 608 S. Hill St., Los Angeles 14, Calif., for the petitioners. H. A.

Giles v. Comm'r

91 T.C.M. 684 · United States Tax Court · Jan 31, 2006

The zoning ordinance permits breeding and raising of horses but prohibits Falling Water Way from being used as a livery stable or a boarding stable. … The new zoning laws allow up to 24 horses to be kept on the property but prohibit the operation of a livery stable or boarding stable.

Pessin v. Commissioner

44 T.C. 590 · United States Tax Court · Jul 16, 1965

Pessin and Frances Pessin, Petitioners, v. Commissioner of Internal Revenue, Respondent Pessin v. Commissioner Docket No. 4901-63 United States Tax Court 44 T.C. 590 ; 1965 U.S. Tax Ct. … Brown, Jr ., for the petitioners. Richard M. Schwartz , for the respondent. Pierce, Judge . PIERCE *590 Respondent determined a deficiency of $ 7,377.16 in the income tax of the petitioners, Arnold G.

Lockwood Realty Corp. v. Commissioner

17 T.C.M. 247 · United States Tax Court · Mar 31, 1958

In presenting its argument petitioner has primarily relied upon Wilshire & Western Sandwiches, Inc., v. Commissioner, 175 Fed. (2d) 718 ; Rowan v. United States, 219 Fed. (2d) 51 ; Earle v. W. J. … Express Publishing Co. v. Commissioner, 143 Fed. (2d) 386 ; *201 Canal Navigation & Trading Co. v. Commissioner, 168 Fed. (2d) 512 .

Bowen v. Commissioner

2 T.C. 1 · United States Tax Court · Jun 1, 1943

See Ohio Savings Bank & Trust Co. v. Willys Corporation, 8 Fed. (2d) 463. The Board followed this rule in Theodore R. Plunkett, 41 B. T. A. 700, the case of a Massachusetts taxpayer. … This rule was adopted by this court in Payne v.

Universal Mfg. Co. v. Commissioner

68 T.C.M. 305 · United States Tax Court · Aug 2, 1994

Brown, Leigh D. Roadman , and Daniel T. Hartnett . For respondent: Judy Jacobs Miller. … Coleman was the sole member of WNC's board *383 of directors from the time of WNC's incorporation until his resignation from the board effective on November 10, 1985. Mr.

Steffens v. Commissioner

49 T.C.M. 54 · United States Tax Court · Nov 9, 1984

In Steffens v. … Members of the board of directors of Kansas-Nebraska were elected to serve on the board by stockholder vote on an annual basis.

Justice Steel, Inc. v. Commissioner

41 T.C.M. 209 · United States Tax Court · Oct 21, 1980

John, who is the chairman of the board, owns 60 percent of the stock of Justice Steel and Richard, who is the president, owns the other 40 percent. … On October 29, 1968, to facilitate their borrowing, the board of directors of Justice Steel resolved to indemnify and hold harmless the directors of Justice Steel, including John and Richard, up to $75,000, for any loss they

Place Realty Corp. v. Commissioner

21 T.C.M. 754 · United States Tax Court · Jun 15, 1962

Place Realty Corporation v. Commissioner. Place Realty Corp. v. Commissioner Docket No. 86507. United States Tax Court T.C. Memo 1962-144 ; 1962 Tax Ct. Memo LEXIS 164 ; 21 T.C.M. (CCH) 754 ; T.C.M. … Ham v. State (Ct. Cl. of N. Y. 1957) 185 N.Y.S. 2d 940 ; In Re City of Syracuse, 224 N. Y. 201 , 120 N.E. 203 .

Consolidated Foods Corp. v. Commissioner

66 T.C. 436 · United States Tax Court · Jun 14, 1976

Co. v. … See Connery v. United States, 460 F.2d 1130, 1133 (3d Cir. 1972); Spitalny v. United States, 430 F.2d 195, 198 (9th Cir. 1970); Anders v. United States, 462 F.2d 1147, 1149 (Ct.

Zavadil v. Comm'r

106 T.C.M. 346 · United States Tax Court · Sep 19, 2013

Zavadil continued to serve without compensation on ASB’s board of directors and as its CEO. In 2000 ASB’s board of directors consisted of Mr. Zavadil, Curt Briggs, and Joseph A. … DePree because ASB’s board of directors (board) concluded that (1) the payments to Ms. DePree were the personal obligations of Mr.