Memorandum Findings of Fact and Opinion
TANNENWALD, Judge:
Respondent determined deficiencies in petitioner's income tax for the taxable years 1963 and 1964 in the respective amounts of $10,798.96 and $13,470.72. After concessions by both parties, the only issue is whether amounts paid to its president and sole stockholder in these taxable years was reasonable compensation for services rendered.
Findings of Fact
Some of the facts are stipulated...
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.
