Explore 4 court opinions on Internal Revenue Code Section 162. AI-powered plain English summaries, key holdings, and legal analysis.
4 recent cases analyzed in this topic area.
Phantom Stock Payments Deductible as Wages, Not Capital Expenditures
Midwest-Cbk, LLC v. United States, decided by Federal Circuit on January 8, 2026, resulted in a plaintiff win outcome. The case concerns the tax treatment of "phantom stock" options granted by Midwest...
Tuition Deduction Denied: Son's Residency Defeats Dependency Claim
Stephanie Murrin v. Commissioner of Internal Revenue, decided by Third Circuit on October 17, 2025, resulted in a defendant win outcome. The Third Circuit affirmed the Tax Court's decision, holding th...
Third Circuit Denies Business Expense Deduction for Son's College Costs
Stephanie Murrin v. Commissioner of Internal Revenue, decided by Third Circuit on October 17, 2025, resulted in a defendant win outcome. The Third Circuit affirmed the Tax Court's decision, holding th...
Tuition Not Deductible as Business Expense
Stephanie Murrin v. Commissioner of Internal Revenue, decided by Third Circuit on August 18, 2025, resulted in a defendant win outcome. The Third Circuit affirmed the Tax Court's decision, holding tha...