CAGLE v. COMMISSIONER

Docket Nos. 6967-71, 6968-71.

63 T.C. 86 (1974)

JACKSON E. CAGLE, JR., AND ANN CAGLE, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT CHARLES L. WEBSTER, JR., AND SYLVIA WEBSTER, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 4, 1974.


Attorney(s) appearing for the Case

Robert C. Taylor and Fred Lohmeyer, for the petitioners.

Douglas R. Fortney, for the respondent.


STERRETT, Judge:

The respondent determined deficiencies in the Federal income taxes of petitioners Jackson E. Cagle, Jr., and Ann Cagle and petitioners Charles L. Webster, Jr., and Sylvia Webster for their taxable years 1968 in the amounts of $33,218.44 and $14,006.80, respectively. Certain issues not having been raised in the petitions to the Court, the sole issue for determination is whether a $90,000 management fee...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases