Legal Opinion
Nor-Cal Adjusters, AKA Nor-Cal Insurance Adjusters, Formerly Hobson Adjusters, a Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided September 5, 1974No. 72-1361PublishedCited by 93 opinions
1Opinion of the Court
OPINION
Before BARNES and TRASK, Circuit Judges, and THOMPSON,* District Judge.
THOMPSON, District Judge:
This is an appeal from a decision of the United States Tax Court affirming the Commissioner’s determination that bonuses paid to officer-shareholders of appellant Nor-Cal Adjusters (Nor-Cal) are not deductible business expenses within the meaning of § 162(a)(1) Internal Revenue Code of 1954. The Court has jurisdiction pursuant to § 7482 I.R.C. 1954.
Nor-Cal is a California corporation engaged in the business of insurance adjustment. Appellant was incorporated on October 2, 1963 by Joseph R.…
2Cases cited8 opinions
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Mayson Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
- Estate of E. W. Chism, Deceased, Clara Chism, and Clara Chism v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Olsen v. HelveringCourt of Appeals for the Second Circuit · 1937
- United States v. First Security BankCourt of Appeals for the First Circuit · 1964
3 more not listed; retrieve them via the Exa API.
3Cited by93 opinions
- Michael L. Rockwell, and Regina Rockwell v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
- Foster v. Comm'rUnited States Tax Court · 1983
- Elliotts, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Spencer D. Stewart, Et Ux. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- James D. Kennedy, Jr. And Dorothy H. Kennedy, and Cherokee Warehouses, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1982
88 more not listed; retrieve them via the Exa API.