Law360 (July 29, 2020, 4:32 PM EDT) -- A former MTV executive cannot claim more than $123,000 in wage deductions for his online music promotion platform, the Ninth Circuit ruled Wednesday, affirming a decision from the U.S. Tax Court.
Jeffrey Yapp didn't provide enough evidence to validate the wage deductions he claimed for earnings from NXTM LLC or the business expense deduction claimed for his wife's company, the three-judge panel said in an unpublished opinion.
Yapp, an employee of MTV Networks from 2004 until 2009 and an executive vice president there, helped create a web-based promotional platform for music artists, according to court documents. After MTV ceased developing the...
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