IRCCourt RulingsFeb 25, 2014related by meaning
19(a). The deduction may not exceed the lesser of: (1) the deductible
amount, which was generally $5,000 for the 2008 tax year; or (2) an amount equal to the compensation includible in the taxpayer's gross income for such taxable
year. Sec. 219(b)(1), (5)(A).
However, the deductible amount allowed under section 219(a) …
T.C. Memo. 2024-24 — James Elbert Aldridge, Jr. & Shirley Lorraine Aldridge v. Commissioner IRCCourt RulingsFeb 21, 2024
…0 9,000 – –
Pensions and
Annuities
– 97,921 – – – –
Sch C2 – Net Business
Income – Shirley
– 60,603 229,949 250,981 97,425 75,596
Sch C1 – Net Business
Income – James
– 60,604 229,949 251,431 96,926 77,997
Standard Deduction – 7,350 7,600 7,850 9,500 9,700
Qualified Dividends – – – – 200 200
Total Adjustments 191,203 2…
IRCCourt RulingsOct 2, 1974related by meaning
may draw upon it at any time, or so that he could have drawn upon it during the taxable year if notice of intention to withdraw had been given. * * * The cases arising under sec. 267, cited by petitioners, include Fetzer Refrigerator Co. v. United States, 437 F.2d 577 (C.A. 6, 1971); Hyplains Dressed Beef, Inc., 56 T.…
85 FR 72565 — Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Paying Benefits PBGCFinal Rules (FR)Nov 13, 2020
…fairs Division, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005, (202) 229-3829. (TTY users may call the Federal relay service toll-free at 1-800-877-8339 and ask to be connected to (202) 229-3829.)
IRCCourt RulingsAug 12, 1998related by meaning
titioner, WE 7, and
- 18 -
4
The complaint filed in the Superior Court indicates that
the subject matter of the case involved a contract to purchase a portion of a shopping center entered into on Aug. 3, 1987.
the Guardian Construction Co., Inc., as corporate partners of
Estes Co. Petitioner was identified as a partner…
85 FR 42706 — Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Paying Benefits PBGCFinal Rules (FR)Jul 15, 2020
…fairs Division, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005, (202) 229-3829. (TTY users may call the Federal relay service toll-free at 1-800-877-8339 and ask to be connected to (202) 229-3829.)
IRCCourt RulingsOct 10, 2018
…t the language. Estate of Sumner, 59 T.C. at 842; see
a_lso First Nat'l Bank of Beaumont v. Howard, 229 S.W.2d 781, 783 (Tex. 1950).
This could include "consideration of the value of the estate, the previous, [sic]
relations between [the settlor] and the beneficiaries, and all the circumstances in
regard both to the es…
IRCCourt RulingsMay 23, 1958related by meaning
ice of deficiency to each petitioner, determined that the payments to Carrie should not be eliminated through application of section 438 (b) (10) (C). In Arrow-Hart & Hegeman Electric Co., 7 T. C. 1350, this Court held that gratuity payments made by a corporation to widows of its deceased employees constituted a class …
IRCCourt RulingsNov 6, 2014
T.C. Memo. 2014-229
UNITED STATES TAX COURT
GRACE FOUNDATION, R. S. OHENDALSKI, TRUSTEE, Petitioner y.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 21052-12L. Filed November 6, 2014.
R.S. Ohendalski (trustee), for petitioner.
David Baudilio Mora and Gordon P. Sanz, for respondent.
SERVED NOV - 6 2014
-2-
[*2…
IRCCourt RulingsJul 25, 1984related by meaning
cated, and all Rule references are to the Tax Court Rules of Practice and Procedure.
See Tipton & Kalmbach, Inc. v. Commissioner, T.C. Memo. 1982-260. We note, however, that Congress in enacting ERISA appears to have adopted the facts and circumstances test of sec. 1.401-6(b)(2), Income Tax Regs., for determining wheth…
85 FR 6046 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Feb 4, 2020
…ral Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-4026; 202-229-6352. TTY users may call the Federal relay service toll-free at 800-877-8339 and ask to be connected to 202-229-6352.
SUPPLEMENTARY INFORMATION:
Executive Summary
Purpose and Authority
The purpose of this regulatory …
90 FR 4192 — Voluntary Fiduciary Correction Program ERISAFinal Rules (FR)Jan 15, 2025
…yoming.
Los Angeles Regional Office,
35 N Lake Ave., Suite 300, Pasadena, CA 91101, telephone (626) 229-1000, fax (626) 229-1098; jurisdiction: 10 southern counties of California, Arizona, Hawaii, American Samoa, Guam, Wake Island.
New York Regional Office, 201 Varick Street, Room 746, New York, NY 10014, telephone (21…
T.C. Memo. 2016-10 — Family Chiropractic Sports Injury & Rehab Clinic, Inc. v. Commissioner IRCCourt RulingsJan 19, 2016related by meaning
d the earlier
of the Participant's life
expectancy * * *.
* * * * * * *
11.2 ALIENATION
(a) Subject to the exceptions provided below, and as otherwise permitted by the Code and Act, no benefit which shall be payable out
of the Trust Fund to any person (including a Participant or the
Participant's Beneficiary) shall be …
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024
This burden in the first year is estimated as: [(5,250 small entities × 10 hours) + (229 small entities × 20 hours) + (12,731 small entities × 5 hours)] ≉ 120,785 hours. A labor rate of $165.71 is used for a legal professional. The labor rate is used in the following calculation: [(5,250 small entities × 10 hours) + (…
IRCCourt RulingsMar 23, 2009related by meaning
Rul . 2002-62, 2002-2 C .B . 710 ;, Notice
89-25, Q&A-12, 1989-1 C .B . 662, 666 .
7 -
Section 72(t)(4)4 provides that the-exception found in section 72(t)(2)(A)(iv) is not applicable if the series of substantially
equal periodic payments is subsequently modified (other than by
reason of death or disability) before th…
86 FR 51273 — Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits PBGCFinal Rules (FR)Sep 15, 2021
…gulatory Affairs, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005, 202-229-3839. (TTY users may call the Federal relay service toll free at 1-800-877-8339 and ask to be connected to 202-229-3839.)
89 FR 96531 — Privacy Act Regulation; Exemption for Legal Case Management Records PBGCFinal Rules (FR)Dec 5, 2024
…torney, Regulatory Affairs Division (
reg.comments@pbgc.gov), Office of the General Counsel, at 202-229-3559, or Shawn Hartley (
hartley.shawn@pbgc.gov), Chief Privacy Officer, Office of the General Counsel, at 202-229-6321. If you are deaf or hard of hearing, or have a speech disability, please dial 7-1-1 to access te…
89 FR 5624 — Automatic Portability Transaction Regulations ERISAProposed Rules (FR)Proposed Jan 29, 2024
…4
$23,554
$22,267
$21,058
$19,905
$18,839
$17,842
$231,808
−Baseline
29,249
27,570
26,013
24,569
23,229
21,987
20,835
19,767
18,776
17,857
229,851
= Benefits
−31
222
367
385
325
280
223
139
63
−15
1,957
Value of Duplicated Account Fees:
Rule
17
39
65
94
125
157
191
225
261
295
1,469
−Baseline
14
28
43
57
71
85
99
113
1…
ERISARegulationsJan 1, 2017related by meaning
For prohibited transaction penalty proceedings, this section shall apply in lieu of § 18.10 of this title.
89 FR 84314 — Privacy Act Regulation; Exemption for Legal Case Management Records PBGCProposed Rules (FR)Proposed Oct 22, 2024
…torney, Regulatory Affairs Division ( reg.comments@pbgc.gov), Office of the General Counsel, at 202-229-3559, or Shawn Hartley (
hartley.shawn@pbgc.gov), Chief Privacy Officer, Office of the General Counsel, at 202-229-6321. If you are deaf or hard of hearing, or have a speech disability, please dial 7-1-1 to access te…