District Court Affirms Tax Court’s Decision That Deferred Payments to Spouse Are Not Deductible Alimony Payments
The district court in this appeal from the Tax Court affirmed the Tax Court’s decision that deferred payments the husband made to the wife were not deductible alimony payments and thus not taxable to the wife.
Redleaf v. Comm’r
The district court in this appeal from the Tax Court affirmed the Tax Court’s decision that deferred payments the husband made to the wife were not deductible alimony payments and thus not taxable to the wife.
Another Reason to Hire BV Appraisers: Independent Directors Liable for Improper Securities Disclosures
Court finds that mutual fund directors—including independents—showed “extreme departure” from duty of care by failing to assign fair value to funds’ holdings.
The Rockies Fund, Inc., et al. v. Securities and Exchange Commission
Court finds that mutual fund directors—including independents—showed “extreme departure” from duty of care by failing to assign fair value to funds’ holdings.