Memorandum Opinion
VAN FOSSAN, Judge:
Respondent determined deficiencies for the years 1949, 1950 and 1951 in petitioners' income tax in the respective amounts of $387, $476, and $306.30. In their petition, taxpayers allege error by respondent in disallowing various business expenses and bad debts. They also allege error in respect of a claimed loss of $7,500 each year due to "losses in profession due to fraud" in a certain lawsuit. This latter error was...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
