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Ruth Wimer, Esq., certified public accountant (CPA), focuses her practice on matters related to executive compensation, including international, fringe benefits, personal use of employer aircraft, and qualified and nonqualified deferred compensation. Read Ruth Wimer's full bio.

The Bruins Score! Court Rules Away from Home Meals Are 100 Percent Deductible


By and on Jun 28, 2017
Posted In Court Procedure Matters, Trial Courts, Uncategorized

In a surprising decision, the US Tax Court (Tax Court) concluded that the pregame away-city meals provided to the Boston Bruins hockey team was not subject to the 50 percent deduction disallowance on the basis that the meals were both for the “convenience of the employer” and were provided at an “employer operated eating facility.”...

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IRS is Required to Search Tax Return Information Records to Help Determine Worker Classification


By , , and on Apr 7, 2017
Posted In Court Procedure Matters, IRS Audits, IRS Guidance, Tax Refunds, Uncategorized

On April 5, 2017, in an unanimous court reviewed opinion, the United States Tax Court determined that disclosure of a worker’s tax return information to absolve the employer from liabilities arising out of the employer’s withholding requirement is not subject to the general prohibition against disclosing taxpayer return information pursuant to Internal Revenue Code (IRC)...

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Court Holds Compensation Paid to Four Sons Was Not Reasonable


By and on Nov 30, 2016
Posted In Court Procedure Matters, Trial Courts, Uncategorized

Reasonable compensation is a fact based analysis, and once again has been decided against the taxpayer. In Transupport, Inc. v Commissioner, T.C. Memo. 2016-216, the issue presented for decision was whether amounts deducted by the taxpayer, a distributor and supplier of aircraft engines and parts, during 2006‒2008 as compensation that was paid to the four...

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IRS Issues New IPU on FICA Rules for Employees Working Abroad


By on Nov 15, 2016
Posted In IRS Guidance, Uncategorized

The Internal Revenue Service has made available unofficial but detailed and instructive guidance on the application of Social Security and Medicare taxes (FICA) to wages paid to employees working abroad. The new November 14, 2016, International Practice Unit (IPU) makes clear that both US citizens and resident aliens (green card holders) remain subject to payment...

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