Thursday, January 8, 2015

Taxpayer Has Ordinary Income From Merger-Related Payment

The Tax Court held that part of a payment made to a company's co-founder and employee in a merger transaction was deferred compensation that was taxable as ordinary income.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/6gn6bULErn0/Tax_Trends_01.aspx

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