Reserve Mechanical Corp. f.k.a. Reserve Casualty Corp. v. Commissioner

T.C. Memo. 2018-86

UNITED STATES TAX COURT RESERVE MECHANICAL CORP., f.k.a. RESERVE CASUALTY CORP., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 14545-16. Filed June 18, 2018. Val J. Albright and Michelle Y. Ku, for petitioner. Thomas F. Harriman, Naseem Jehan Khan, Grubert Roger Markley, and Justin D. Scheid, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION KERRIGAN, Judge: Respondent determined the following deficiencies in petitioner’s Federal income tax for tax years 2008-10 (tax years in issue): -2- [*2] Year Deficiency 2008 $144,538 2009 164,418 2010 168,305…