Printing: Custom Screen
This U.S. industry comprises establishments primarily engaged in screen printing without publishing (except books, grey goods, and manifold business forms). This industry includes establishments engaged in screen printing on purchased stock materials, such as stationery, invitations, labels, and similar items, on a job-order basis. Establishments primarily engaged in printing on apparel and textile products, such as T-shirts, caps, jackets, towels, and napkins, are included in this industry.
AlphaGraphics
This industry comprises establishments primarily engaged in planning, designing, and managing the production of visual communication in order to convey specific messages or concepts, clarify complex information, or project visual identities. These services can include the design of printed materials, packaging, advertising, signage systems, and corporate identification (logos). This industry also includes commercial artists engaged exclusively in generating drawings and illustrations requiring technical accuracy or interpretative skills.
Art Is Like Any Other Business: Value Must Include Owner’s Reasonable Salary
In valuing inventory original artwork, must divorce court assign reasonable salary to spouse-owner?
In re Marriage of Haefele
In valuing inventory original artwork, must divorce court assign reasonable salary to spouse-owner?
9th Circuit Affirms Tax Court Reasonable Compensation Ruling
This decision affirms the Tax Court case abstracted in the December 1998 BVU, p. 5.
LabelGraphics, Inc. v. Commissioner (II)
At issue is the determination of reasonable employee compensation for deduction as an ordinary and necessary business expense.
George G. Rodrique, Jr., et al. v. Veronica Hidalgo Rodrique
The U.S. Court of Appeals for the Fifth Circuit concluded that the Louisiana community law regarding property distribution was not inopposite with the rights held by an artist under the Federal Copyright Act. It determined that the artist held exclusive ...
Copyrighted Intellectual Property Is Subject to Louisiana Community Property Law
The U.S. Court of Appeals for the Fifth Circuit concluded that the Louisiana community law regarding property distribution was not inopposite with the rights held by an artist under the Federal Copyright Act. It determined that the artist held exclusive ...
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.
Labelgraphics, Inc. v. Commissioner (I)
The main issue in this case is the amount that Labelgraphics is entitled to deduct under Section 162 as reasonable compensation to its president.
Muller v. Muller
One issue in this case was the valuation of a small business using an IRS ruling with some court created variations.