Riley v. Commissioner
United States Board of Tax Appeals
Salary paid by a married woman to her husband as general manager of her business is deductible as an ordinary and necessary business expense where the salary is reasonable compensation for the services rendered.
1Opinion of the Court
OPINION.
Adams:
This proceeding involves the redetermination of petitioner’s income tax liability for the year 1929. The respondent has asserted a deficiency in the amount of $4,981.11.
The facts are stipulated as follows:
The petitioner is an individual conducting a business under the name of Ace Art Company with her principal place of business at 12 Gould Street, Reading, Massachusetts. Her Federal income tax return was filed with the Collector of Internal Revenue for the district in which her business is located which is also her place of residence.
The petitioner during the year 1920 began the…
2Cases cited10 opinions
- Poe v. SeabornSupreme Court of the United States · 1930
- Frankel v. FrankelMassachusetts Supreme Judicial Court · 1899
- Briggs v. SanfordMassachusetts Supreme Judicial Court · 1914
- Woodard v. WoodardMassachusetts Supreme Judicial Court · 1913
- Ricker v. RickerMassachusetts Supreme Judicial Court · 1924
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3Cited by5 opinions
- Shapiro v. CommissionerUnited States Board of Tax Appeals · 1934
- Dennett v. CommissionerUnited States Board of Tax Appeals · 1934
- Dennett v. CommissionerUnited States Board of Tax Appeals · 1934
- Earl v. CommissionerUnited States Tax Court · 1943
- Riley v. CommissionerUnited States Board of Tax Appeals · 1933