Memorandum Findings of Fact and Opinion
FAY, Judge:
Respondent determined deficiencies in petitioner's Federal income taxes as follows:
Year Deficiency 1962 .............. $44,635.75 1963 .............. 29,042.68 1964 .............. 32,801.02 1965 .............. 30,156.21 1966 .............. 23,047.00
Several issues were settled by the parties. The issues remaining to be decided...
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