U.S. Supreme Court: Deferential Standard Owed to ERISA Administrator’s Interpretation

The United States Supreme Court reversed the Second Circuit Court of Appeals, holding that the District Court should have applied a deferential standard of review to the ERISA Plan Administrator’s interpretation of the qualified plan.

Read the opinion here:
Conkright v. Frommert, Docket 08-810 (U.S. Sup. Ct. 2010)

Tax Court: Facts not Licensing Determines Personal Service Corporation Treatment

The Tax Court, Judge Dawson, holds that all relevant indicia, not state licensing requirements, is the standard for determining whether a taxpayer’s land surveying service constitutes the performance of services in the field of engineering qualifying for personal service corporation treatment under section 448.

Read the opinion here:
Kraatz & Craig Surveying Inc. v. Commissioner, 134 T.C. No. 8 (2010)