Fidelity Assoc., Inc. v. Commissioner

FIDELITY ASSOCIATES, INC., JAMES P. CHERRY, SR., TAX MATTERS PERSON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Fidelity Assoc., Inc. v. Commissioner

Docket No. 19277-88

United States Tax Court

T.C. Memo 1992-142; 1992 Tax Ct. Memo LEXIS 195; 63 T.C.M. (CCH) 2327; T.C.M. (RIA) 92142;

March 10, 1992, Filed

Decision will entered for petitioner

David M. Furr and Joseph B. Alala, Jr., for petitioner.

Ross A. Rowley and Paul G. Topolka, for respondent.

GERBER

GERBER

MEMORANDUM FINDINGS OF FACT AND OPINION

GERBER, Judge: This is a proceeding pursuant to sections 6226-6231 1 for a readjustment…