Johnstun, et al v. CIR
Case Number:
17-9004
Court:
Nature of Suit:
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May 15, 2019
10th Circ. Denies Deductions For Benefit Plan Expenses
A Utah company's expenses for its benefit plan participants cannot be deducted until they are included in employees' gross income because the plan is really a trust, according to a Wednesday ruling from the Tenth Circuit.
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September 25, 2018
10th Circ. Told IRS Erred In Payroll Deduction Denial
A three-judge panel in the Tenth Circuit has been urged to reverse a U.S. Tax Court decision disallowing certain tax deductions of payroll and vacation pay for those in an employee stock ownership plan, or ESOP, because a law the government relied on should not apply.
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May 07, 2018
Taxpayers Tell 10th Circ. To Allow ESOP Tax Deductions
Taxpayers urged the Tenth Circuit on Friday to reverse a U.S. Tax Court decision that backed the IRS' disallowance of deductions for payroll and vacation pay for participants in an employee stock ownership plan, saying accounting rules allow deduction of those payments in the tax year they are accrued, rather than the year they are actually paid.