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NT, INC. D.B.A. NATURES TOUCH v. COMMISSIONER

Docket No. 2725-05.

126 T.C. 191 (2006)

126 T.C. No. 8

NT, INC. D.B.A. NATURES TOUCH, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 19, 2006.

Attorney(s) appearing for the Case

James G. LeBloch, for petitioner.

Michael W. Berwind, for respondent.

OPINION

LARO, Judge:

On February 14, 2005, petitioner petitioned the Court to redetermine respondent's determination of deficiencies of $68,990 and $46,465.20 in its Federal income taxes for its taxable years ended October 31, 1998 and 1999, respectively, additions to tax under section 6651(a)(1) of $10,285.55 and $11,548.25, respectively, and accuracy-related penalties under section 6662(a) of $13,798 and $9,293.04, respectively.

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