Summary
The Tax Court considered a list of fourteen factors in determining whether compensation to a business owner was reasonable and thus deductible under IRC sec. 162. The factors included employee compensation, scope of employee's work, comparison to salaries ...
Mad Auto Wrecking, Inc. v. CIR
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See Also
Tax Court Provides List of Factors to Consider in Determining the Appropriate Amount of Owners’ Compensation
The Tax Court considered a list of 14 factors in determining whether compensation to a business owner was reasonable and thus deductible under IRC sec. 162.