Memorandum Findings of Fact and Opinion
CLAPP, Judge:
Respondent determined deficiencies in petitioners' Federal income taxes for the taxable years 1978 and 1979 in the amounts of $162,296.95 and $79,544.00, respectively. In amended answers filed in each of these consolidated cases[,] respondent increased the deficiency for each year to $323,518 for 1978 and $372,668 for 1979.
After concessions by both parties, the issues for decision are (1) the...
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.
