Legal Opinion
Charles W. And Susan D. Decker, Darrell E. And Velma J. Lauderdale v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided December 1, 1988No. 87-2950PublishedCited by 10 opinions
1Opinion of the Court
WILL, Senior District Judge.
Charles W. Decker and Darrell E. Laud- erdale 1 appeal from the decision of the United States Tax Court disallowing their deductions for depreciation of purchased insurance expirations. We affirm the decision of the Tax Court.
I. Factual background.
In 1975, appellants Charles W. Decker and Darrell E. Lauderdale formed a corporation known as the Lauderdale Insurance Agency, Ltd. (the “Lauderdale Agency”). The agency was located in Carbondale, Illinois and specialized in commercial lines of property and casualty insurance. In August of 1978, Lauderdale and Decker…
2Cases cited8 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Houston Chronicle Publishing Company, Plaintiff-Appellee-Cross v. United States of America, Defendant-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1973
- Winn-Dixie Montgomery, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1971
- Marsh & McLennan Incorporated v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1969
- Thoms v. CommissionerUnited States Tax Court · 1968
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Melvin J. Cole and Harriet L. Cole v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1989
- Colorado National Bankshares, Inc., and Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1993
- Warren L. Baker, Jr. And Dorris J. Baker v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2003
- Newark Morning Ledger Co., as Successor to the Herald Company v. The United States of AmericaCourt of Appeals for the Third Circuit · 1991
- John W. Hough and Louise C. Hough v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1989
5 more not listed; retrieve them via the Exa API.