- 3 - such plans; however, after several conferences and meetings between the union and the company, an agreement was reached that would allow union workers to operate the new mill. A memorandum of understanding (the memorandum) was entered into between the company and the two unions that represented the employees. In the memorandum, the employees agreed that there would be "no grievances, arbitrations, NLRB charges, or any other litigation surrounding the new longwood chipping operations." This provision represented a forfeiture of rights that the employees had in the collective bargaining agreement. The new mill, accordingly, was staffed by the company's union employees, including petitioner. For the 2 years at issue, petitioner's employment was at the new mill and was subject to the terms of the memorandum. For the year 1997, petitioner's wages with the company were $60,300, and, for 1998, his wages were $60,461. On his Federal income tax return for 1997, petitioner included the $60,300 as income; however, he later filed an amended return for 1997 in which he excluded from income the $60,300 in wages he earned with the company. On his Federal income tax return for 1998, petitioner did not include as income any wage or salary income, including the $60,461 paid to him by the company.Page: Previous 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011