Independent Ins. Agents of Huntsville, Inc. v. Commissioner

INDEPENDENT INSURANCE AGENTS OF HUNTSVILLE, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Independent Ins. Agents of Huntsville, Inc. v. Commissioner

Docket No. 25616-89

United States Tax Court

T.C. Memo 1992-163; 1992 Tax Ct. Memo LEXIS 175; 63 T.C.M. (CCH) 2468;

March 23, 1992, Filed

Decision will be entered for respondent.

John R. Wynn, for petitioner.

Linda J. Wise, for respondent.

FAY

FAY

MEMORANDUM FINDINGS OF FACT AND OPINION

FAY, Judge: Respondent determined deficiencies in income tax for the years in issue as follows:

Year Ended

Deficiency

March 31, 1985

$ 21,655.11

March 31, 1986

25…