SENTINEL FINANCIAL SERVICES v. COMMISSIONER

Docket No. 18250-85.

64 T.C.M. 1622 (1992)

T.C. Memo. 1992-733

Sentinel Financial Services, Lucille M. Haines, Trustee v. Commissioner.

United States Tax Court.

Filed December 30, 1992.


Attorney(s) appearing for the Case

Kenneth D. Sisco, 20162 Santiago Canyon Rd., Orange, Calif., for the petitioner. Elizabeth S. Carlson, for the respondent.


Memorandum Findings of Fact and Opinion

COHEN, Judge:

Respondent determined deficiencies of $3,112 and $31,368 in petitioner's Federal income taxes for 1979 and 1980, respectively. The deficiencies resulted from disallowance of certain travel and entertainment expenses claimed by petitioner for each year and a bad debt deduction claimed by petitioner for 1980. All section references are to the Internal Revenue Code in effect for the years at issue, and all...

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