Recent Cases
and Rulings

David O’Driscoll, J.D., LL.M.

IN THIS DEPARTMENT

Expenses

Employee allowed itemized deduction for worthless loan to employer; Graves, TC Memo

Procedure & Administration

Parent’s president and chairman not liable for subsidiary’s payroll tax; Smith, DC
  

The reports of cases, rulings, etc., herein, except for the Reflections, are edited versions of the relevant court opinion, published ruling, etc.

^*This development, concerning related matters, is covered in the Reflections to the report of the principal item.