Estate of Richard D. Spizzirri, Deceased v. Commissioner of Internal Revenue
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February 27, 2025
Estate's $3M To Stepkids Deducted As Biz Deal, 11th Circ. Told
The estate of a deceased corporate attorney told the Eleventh Circuit on Thursday that the U.S. government wrongly taxed $3 million claimed by his stepchildren, arguing that the amount was properly deducted as a contracted business transaction under the Internal Revenue Code.
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June 06, 2024
Estate Entitled To Deduct Payouts To Stepkids, 11th Circ. Told
The U.S. Tax Court wrongly denied deductions to a former attorney's $81 million estate for million-dollar payouts it made to his stepchildren after they sued, the estate told the Eleventh Circuit, saying the payments satisfied legitimate claims against the estate and were therefore deductible.