Alexandria, VA
Tax Lawyer at Alexandria, VA
Practice Areas: Tax, Estate Planning ... +3 more
OUTCOME: Judgment for the Respondent
The company used hunting and fishing lodges to entertain employees of its customers on weekend outings because the company believed that its business significantly depended on personal contacts and con ... genial working relationships with its customers.
OUTCOME: Judgment for the Respondent
The respondent determined an income tax deficiency of $39,687.41 against the petitioners for the taxable year 1957. The issue for decision is whether the respondent correctly determined that the petiti ... oners derived taxable income as a result of the foreclosure sale of certain stock which they had pledged as collateral for a loan to another corporation owned by the petitioner C. Clinton Carpenter.
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