Powers v. Comm'r

JAMES A. POWERS AND JENNIFER M. SCHERER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Powers v. Comm'r

Docket No. 12693-13

United States Tax Court

2017 Tax Ct. Memo LEXIS 179;

September 14, 2017, Filed

Decision will be entered under Rule 155.

Thomas Laffitte Howard, for petitioners.

William J. Gregg and Deborah Aloof, for respondent.

RUWE, Judge.

RUWE

MEMORANDUM FINDINGS OF FACT AND OPINION

RUWE, Judge: Respondent determined deficiencies in petitioners' Federal income tax, an addition to tax under section 6651(a)(1),1 and accuracy-related penalties under section 6662(a) as follows:

Addition…