Legal Opinion
Friedman v. Delaney
Court of Appeals for the First Circuit
Decided December 13, 1948No. 4372PublishedCited by 25 opinions
1Opinion of the Court
*270PETERS, District Judge.
In this suit the plaintiff taxpayer seeks to recover the sum of $3,411.47, the amount by which his income tax for the year 1941 was increased by reason of the refusal of the Commissioner to allow the deduction of an item of $5000, claimed in the income tax return to be a 'bad debt, but now asserted to be allowable as a business expense or a loss incurred in business. There is no dispute about the facts.
It appears that the plaintiff, Mr. Friedman, a Boston lawyer of long experience, had a valued client in whom he had confidence, one Louis H. Wax, whose proposed…
2Cases cited4 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- WF Young, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1941
- Robinson v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1931
3Cited by25 opinions
- International Trading Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1960
- Pepper v. CommissionerUnited States Tax Court · 1961
- Max Lutz and Ruth Lutz v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1960
- Rand v. CommissionerUnited States Tax Court · 1961
- Louis N. Pokress and Estate of Lucille A. Pokress, Deceased, Louis N. Pokress v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1956
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