- 6 - At trial, respondent called as a witness Gloria Nero (Ms. Nero), who is the asset accounting manager for TI. Ms. Nero supervises employees whose responsibility it is to audit expense statements of TI employees to see whether they conform to TI policy. If they conform, they are submitted for payment, and the employee who incurred the expense will be reimbursed. Ms. Nero presented a copy of the reimbursement policy that was in effect for 1993. According to Ms. Nero and the reimbursement policy, employees are reimbursed by TI for meals and entertainment, travel, business gifts, alcohol purchases, and computer services. It does not matter what time of day or which day of the week meal expenses are incurred, so long as they are for a TI business purpose and are ordinary and necessary. Respondent contends that the expenses petitioner incurred should not be allowed as unreimbursed business expenses, because TI would have reimbursed petitioner if he had submitted an expense report. Respondent also contends that if the expenses were not allowed by TI, it is because the expenses are primarily 5(...continued) deductions that were disallowed. Rule 142(a). Petitioner offered no testimony and introduced no evidence regarding the other claimed deductions. We therefore find that petitioner abandoned the remaining items, and those deductions will not be allowed. Items that were not discussed include: Telephone, business clothing and cleaning, dues, business expenses, cellular phone, tax preparation, office supplies and postage, investment income expense, and miscellaneous.Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011