Terry Ellis v. Commissioner of IRS

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a taxpayer taking a salary for services rendered to an LLC owned by that taxpayer’s IRA is a prohibited transaction, and the exception in § 4975(d)(10) does not apply.

Source: CourtListener parenthetical corpus (CC0).