U.S. Court of Claims

Apr
25
2006

 

Foundation Wasn't Operated for Charitable Purposes

The U.S. Court of Federal Claims has agreed with the IRS that a California organization that administered donor advised funds that reimbursed donor charitable expenses and compensated them for volunteer services failed to qualify as a charity.  MORE »
Mar
07
2003

 

Court Refuses to Reconsider Valuation of Closely Held Company Stock

In Jeffrey Okerlund, et al. v. United States, the Court of Federal Claims has refused to reconsider the court's earlier opinion valuing stock in a closely held business for gift and income tax purposes.   MORE »