Memorandum Findings of Fact and Opinion
FORRESTER, Judge:
Respondent has determined a deficiency in petitioner's corporate income tax for the fiscal year ended September 30, 1967, in the amount of $2,953.
There are two issues for decision: (1) whether bonuses paid to petitioner's officer-shareholders for the year in issue are deductible as ordinary and necessary business expenses under section 162;
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