Précis: The issue here was whether there was evidence of a binding agreement entered into in 2014 to pay the disputed amounts in respect of 2013. The Tax Court Judge found that there was evidence of such an agreement from a 2015 court order enforcing the 2014 agreement. Thus the taxpayer’s appeal was allowed.
Ryan v. R. – TCC: Support payments made in 2013 pursuant to an agreement entered into in 2014 (evidenced by a 2015 court order) were deductibleREAD MORE »