SUNRISE CONSTRUCTION COMPANY, INC. v. COMMISSIONER

Docket No. 39499-85.

52 T.C.M. 1358 (1987)

T.C. Memo. 1987-21

Sunrise Construction Company, Inc. v. Commissioner.

United States Tax Court.

Filed January 12, 1987.


Attorney(s) appearing for the Case

William L., Lucas, 5100 Eden Ave., Edina, Minn., for the petitioner. Gail K. Gibson, for the respondent.


Memorandum Opinion

COHEN, Judge:

Respondent determined deficiencies in petitioner's Federal income taxes as follows:

    Tax Year Ended                      Deficiency

  March 31, 1981 ...................... $  19,828
  March 31, 1982 ......................   245,349
  March 31, 1983 ......................       327

After an agreement as to other adjustments, the issue for...

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