Memorandum Findings of Fact and Opinion
In this proceeding respondent has determined a deficiency in petitioner's income tax liability for the year 1936 in the sum of $1,643.32. Petitioners alleged that they have overpaid their tax for that year by the amount of $1,561.26. The issue presented herein is whether petitioner, Augustus S. Loyless, realized a taxable gain (and if so the amount thereof) or sustained a loss upon the liquidation of the Loyless Publishing...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.