Labelgraphics, Inc. v. Commissioner (I)

BVLaw
Full Text of Court Cases
September 28, 1998
7336 Commercial Art and Graphic Design
541430 Graphic Design Services
federal taxation
reasonable compensation, income tax

Labelgraphics, Inc. v. Commissioner (I)
T.C. Memo 1998-343, 1998 Tax Ct. Memo LEXIS 345
US
Federal Court
United States Tax Court
ohn Culbertson (for taxpayer)<br>Pamela Jones (for taxpayer)<br>Paul T. Clausen (for IRS)
Parr

Summary

The main issue in this case is the amount that Labelgraphics is entitled to deduct under Section 162 as reasonable compensation to its president.

See Also

Court Enumerates Five-Factor Reasonable Compensation Test; Experts Offer Little Evidence; Testimony Accorded Little Weight

The main issue at hand in this case is the amount that Labelgraphics is entitled to deduct under Section 162 as reasonable compensation to its president, Lon Martin.