Explore 3 court opinions on Internal Revenue Code Section 162 Business Expenses. AI-powered plain English summaries, key holdings, and legal analysis.
3 recent cases analyzed in this topic area.
Fifth Circuit: Payment to 'Consulting Firm' Was Disguised Dividend, Not Business Expense
Sirius Solutions v. CIR, decided by Fifth Circuit on January 16, 2026, resulted in a defendant win outcome. The Fifth Circuit affirmed the Tax Court's decision, holding that Sirius Solutions LLC was n...
Actor's Loan-Out Corporation Deemed Sham Entity by Second Circuit
Buller v. Comm'r, decided by Second Circuit on November 26, 2025, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "loan-out" corp...
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...