McLAUCHLAN v. COMMISSIONER OF INTERNAL REVENUE

No. 14996-09.

T.C. Memo. 2011-289

PETER A. McLAUCHLAN, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Tax Court.

Filed December 19, 2011.


Attorney(s) appearing for the Case

Kathlyn C. Curtis , for petitioner.

Adam P. Sweet , for respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

KROUPA, Judge.

Respondent determined deficiencies in petitioner's Federal income taxes and accuracy-related penalties under section 6662(a)1 for 2005, 2006 and 2007 (years at issue). After concessions,2 there are two issues for decision. The first issue is whether certain expenses that petitioner claimed on Schedule C, Profit or Loss From Business (Schedule...

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