Balsam Trust v. Commissioner

Aldo R. Balsam Trust, May E. Tanham, Trustee v. Commissioner.

Balsam Trust v. Commissioner

Docket No. 2479.

United States Tax Court

1944 Tax Ct. Memo LEXIS 45; 3 T.C.M. (CCH) 1204; T.C.M. (RIA) 44368;

November 17, 1944

Walter Roberts Bullock, C.P.A., 31 Nassau St., New York, N. Y., for the petitioner. J. Richard Riggles, Esq., for the respondent.

ARUNDELL

Memorandum Findings of Fact and Opinion

This proceeding involves a deficiency in income tax for the year 1940, in the amount of $818.47. The only question involved is whether certain salaries and traveling expense paid by petitioner are deductible…