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Mazzei V. Commissioner
''Mazzei v. Commissioner'', 61 T.C. 497 (1974), was a United States Tax Court case in which the Court ruled that a taxpayer could not consider $20,000 lost to a fraudulent counterfeiting scheme as a basis for a deduction under section 165(c)(3) of the Internal Revenue Code ("Code"). Background Raymond Mazzei, the petitioner, operated a sheet metal company in Hopewell, Virginia. An employee introduced the petitioner to several individuals who claimed to be in possession of a machine capable of reproducing U.S. currency. The petitioner agreed to provide $100 bills to the counterfeiters to be used in the reproduction process. Upon completion of the process, the bills (and presumably some compensation) were to be returned to Mazzei. To further this scheme, he acquired $20,000 in $100 bills and brought them to New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Tax Court
The United States Tax Court (in case citations, T.C.) is a federal trial court of record established by Congress under Article I of the U.S. Constitution, section 8 of which provides (in part) that the Congress has the power to "constitute Tribunals inferior to the supreme Court". The Tax Court specializes in adjudicating disputes over federal income tax, generally prior to the time at which formal tax assessments are made by the Internal Revenue Service. Though taxpayers may choose to litigate tax matters in a variety of legal settings, outside of bankruptcy, the Tax Court is the only forum in which taxpayers may do so without having first paid the disputed tax in full. Parties who contest the imposition of a tax may also bring an action in any United States District Court, or in the United States Court of Federal Claims; however these venues require that the tax be paid first, and that the party then file a lawsuit to recover the contested amount paid (the "full payment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William H
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Dawson
Howard A. Dawson, Jr. (October 23, 1922 – July 15, 2016) was a judge of the United States Tax Court. Born in Okolona, Arkansas,''Official Congressional Directory'' (1979), p. 744. Dawson graduated from Woodrow Wilson High School in Washington, D.C., in 1940. Following the outbreak of World War II, he served as a captain in the U.S. Army Finance Corps from 1943–45, spending two years in European Theater. He went on to earn a B.S. in commerce from University of North Carolina at Chapel Hill in 1946. Following college, he earned his J.D. with honors from The George Washington University Law School in 1949. At George Washington he was the president of the case club and secretary-treasurer of the student bar association. He was appointed by President John F. Kennedy as judge on Tax Court of the United States, on August 21, 1962, for a term ending June 1, 1970, and was reappointed by President Richard Nixon on June 2, 1970, for a term ending June 1, 1985. This was one of sev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Miller Drennen
William Miller Drennen ( in Jenkins, Kentucky – ) was a Judge of the United States Tax Court who served from 1958 to 1992. Drennen earned a bachelor's degree in 1936 and a law degree in 1938 from Ohio State University Moritz College of Law. During law school, he was employed in the office of the Ohio State Tax Commissioner. After graduation, he clerked for the Hon. George Warwick McClintic of the United States District Court for the Southern District of West Virginia, before joining the law firm of Brown, Jackson & Knight (now Jackson Kelly) in Charleston, West Virginia. From 1942 to 1945, he was a Naval air combat intelligence officer in the Pacific, becoming a lieutenant commander. After the war, Drennen returned to Charleston, where he became a partner at Jackson & Kelly and served as a member of the city council, the board of trustees of Charleston Memorial Hospital, the board of directors of the Charleston Chamber of Commerce, the board of directors of the Buckskin Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arnold Raum
Arnold Raum (October 27, 1908, Lynn, Massachusetts - February 13, 1999, Miami, Florida) served as a judge on the United States Tax Court from 1950 to 1998. He began working for the United States government in 1932, as an attorney for the Reconstruction Finance Corporation. From 1934 to 1950, he worked in the United States Department of Justice, as a special assistant in the Tax Division (1934–1939), as special assistant to the U.S. District Attorney for Louisiana (1939), and as Deputy Solicitor General (1939–1950). Raum was born to Isaac and Ida Raum on October 27, 1908, in Lynn, Massachusetts. He graduated from Harvard University in 1929, and from Harvard University Law School in 1932. Shortly after completing law school, he began working for the Reconstruction Finance Corporation. As special assistant to the U.S. District Attorney for Louisiana, he headed investigations into fraud and tax evasion by Louisiana officials.''Official Congressional Directory'' (1961), p. 615. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bruce Forrester
Bruce Millar Forrester (December 26, 1908 – January 30, 1995) was a judge of the United States Tax Court. He was born in Kansas City, Missouri, and graduated from Pembroke Country-Day School in 1928. He earned his undergraduate degree from the University of Missouri, and then a law degree from the University of Missouri School of Law. Thereafter, he went into private practice in Kansas City and eventually became a partner in a law firm. On April 24, 1957, President Dwight D. Eisenhower appointed Forrester to a seat on the United States Tax Court. He was confirmed by the United States Senate, and served actively until assuming senior status in 1978. He continued as a senior judge until 1984, when he retired. He had served on the bench for 27 years. Forrester died in his home in Chevy Chase, Maryland, from dysplastic anemia Anemia or anaemia (British English) is a blood disorder in which the blood has a reduced ability to carry oxygen due to a lower than normal number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Darrell D
Darrell is a given name derived from an English surname, which was derived from Norman-French , originally denoting one who came from Airelle in France. There are no longer any towns in France called Airelle, but is the French word for huckleberry. Darrell may refer to: Sports * Darrell Allums (born 1958), American basketball player * Darrell Armstrong, NBA basketball player * Darrell Campbell, American football defensive tackle on the practice squad of the Chicago Bears * Darrell Clarke, manager of Bristol Rovers football club * Darrell Daniels, American football player * Darrell Evans, former third baseman and first baseman in Major League Baseball * Darrell Green, cornerback for the Washington Redskins from 1983 to 2002 * Darrell Griffith, former NBA basketball player who spent his entire career with the Utah Jazz * Darrell Jackson, American football wide receiver currently playing for the Seattle Seahawks of the National Football League * Darrell Johnson, Major League Bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Revenue Code
The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC). It is organized topically, into subtitles and sections, covering income tax in the United States, payroll taxes, estate taxes, gift taxes, and excise taxes; as well as procedure and administration. The Code's implementing federal agency is the Internal Revenue Service. Origins of tax codes in the United States Prior to 1874, U.S. statutes (whether in tax law or other subjects) were not codified. That is, the acts of Congress were not separately organized and published in separate volumes based on the subject matter (such as taxation, bankruptcy, etc.). Codifications of statutes, including tax statutes, undertaken in 1873 resulted in the Revised Statutes of the United States, approved June 22, 1874, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Counterfeiting
To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real thing. Counterfeit products are fakes or unauthorized replicas of the real product. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word ''counterfeit'' frequently describes both the forgeries of currency and documents as well as the imitations of items such as clothing, handbags, shoes, pharmaceuticals, automobile parts, unapproved aircraft parts (which have caused many accidents), watches, electronics and electronic parts, software, works of art, toys, and movies. Counterfeit products tend to have fake company logos and brands, which results in patent or trademark infringement in the case of goods. They also have a reputation for being lower qual ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hopewell, Virginia
Hopewell is an independent city surrounded by Prince George County and the Appomattox River in the Commonwealth of Virginia. At the 2020 census, the population was 23,033. The Bureau of Economic Analysis combines the city of Hopewell with Prince George County for statistical purposes. Hopewell is in the Tri-Cities area of the Richmond Metropolitan Statistical Area (MSA). History City Point The city was founded to take advantage of its site overlooking the James and Appomattox Rivers. City Point, the oldest part of Hopewell, was established in 1613 by Sir Thomas Dale. It was first known as " Bermuda City," which was changed to Charles City, lengthened to Charles City Point, and later abbreviated to City Point. (At this time, Bermuda, the Atlantic archipelago, was considered part of the Colony of Virginia and appeared on its maps.) Hopewell/City Point is the second oldest continuously inhabited English settlement in the United States after Hampton. Jamestown no longer i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, education, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Taxation And Revenue Case Law
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
