Summary
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.
See Also
Mad Auto Wrecking, Inc. v. CIR
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 ...