Internal Revenue Service: Levies on Unemployment Compensation Benefits and Denial of Travel and Away-from-home Expenses to Construction Workers: Hearings Before a Subcommittee of the Committee on Government Operations, House of Representatives, Eighty-fifth Congress, Second Session |
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Common terms and phrases
administration AFL-CIO allowed audit away-from-home expenses BERNSTEIN BLATNIK building and construction building trades building trades department Chairman collection Commissioner of Internal Conference of Employment Congress construction trades department construction workers contractor counsel deduct travel expenses deductions for traveling disallowed distraint district director employed employer Employment Security Agencies exempt from levy fact field offices GEORGE MEADER GRAY Harrington HUFF indefinite industry Internal Revenue Code Internal Revenue Service Interstate Conference involved June 26 labor Legal and Monetary legislation letter levies on unemployment matter MEADER meals and lodging ment MINSHALL Monetary Affairs MUNTS O'DONOGHUE Peurifoy pipefitters PLAPINGER plumbers Pocatello problem provisions question regulation returns revenue ruling rights to property SCHOEMANN statement statute subcommittee Tax Court taxpayer temporary tion unem unemployed unemployment benefits unemployment compensation benefits unemployment compensation payments unemployment insurance union United Association Washington WESTLAND WILLIAMS WINKLE
Popular passages
Page 72 - Trade or business expenses — (a) In general. There shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including — (1) A reasonable allowance for salaries or other compensation for personal services actually rendered...
Page 6 - Compensation or benefits due under this chapter shall not be assigned, released or commuted except as provided by this chapter, and shall be exempt from all claims of creditors and from levy, execution and attachment or other remedy for recovery or collection of a debt, which exemption may not be waived.
Page 61 - House as it deems necessary or desirable in connection with the subject matter of such reports; "(B) studying the operation of Government activities at all levels with a view to determining its economy and efficiency...
Page 153 - An expense may be deducted under section 212 only if — (1) It has been paid or incurred by the taxpayer during the taxable year (i) for the production or collection of income which, if and when realized, will be required to be included in income for Federal income tax purposes...
Page 121 - Notwithstanding any other law of the United States, no property or rights to property shall be exempt from levy other than the property specifically made exempt by subsection (a).
Page 12 - includes" and "including" when used in a definition contained in this Act shall not be deemed to exclude other things otherwise within the meaning of the term defined.
Page 104 - while away from home." (3) The expense must be incurred in pursuit of business. This means that there must be a direct connection between the expenditure and the carrying on of the trade or business of the taxpayer or of his employer.
Page 16 - levy" as used in this title includes the power of distraint and seizure by any means. In any case in which the Secretary or his delegate may levy upon property or rights to property, he may seize and sell such property or rights to property (whether real or personal, tangible or intangible).
Page 82 - ... traveling expenses (including the entire amount expended for meals and lodging) while away from home in the pursuit of a trade or business...
Page 101 - You are all probably familiar with the increased cost of living figures submitted some months ago by the Bureau of Labor Statistics in the United States Department of Labor.