Cipparone v. Commissioner

ROCCO C. CIPPARONE and KATHLEEN M. CIPPARONE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Cipparone v. Commissioner

Docket No. 17364-81.

United States Tax Court

T.C. Memo 1985-234; 1985 Tax Ct. Memo LEXIS 397; 49 T.C.M. (CCH) 1492; T.C.M. (RIA) 85234;

May 15, 1985.

Howard Philip Newman, and Lowell E. Mann, for the petitioners.

Russell K. Stewart and Paul J. Sude, for the respondent.

SWIFT

MEMORANDUM FINDINGS OF FACT AND OPINION

SWIFT, Judge: In a statutory notice dated April 15, 1981, respondent determined deficiencies in petitioners' Federal income tax liability and additions to tax as…