Reasonable Compensation Considered

Business Valuation Update BVLaw
Legal and Court Case Update
May 4, 2001
6411 Insurance Agents, Brokers, and Service
524291 Claims Adjusting
federal taxation

Eberl's CLaim Service, Inc. v. CIR
No. 99-9033 (10th Cir. 2001)
US
Federal Court
10th Circuit
United States Court of Appeals
Albert S. Williams <br> James F. Carey <br>
Lucero

Summary

The U.S. Court of Appeals for the 10th Circuit considered whether the amount a catastrophic claims adjusting company paid its sole shareholder was reasonable and deductible under IRC Sec. 162.

See Also

Eberl's CLaim Service, Inc. v. CIR

The U.S. Court of Appeals for the Tenth Circuit considered whether the amount a catastrophic claims adjusting company paid its sole shareholder was reasonable and deductible under IRC Sec. 162. The court affirmed the Tax Court’s reasoning under a multi-fa ...