Memorandum Findings of Fact and Opinion
DRENNEN, Judge:
Respondent determined a deficiency in petitioners' income tax in the amount of $1,565.50 for the taxable year 1975. Due to concessions by petitioners, the only issue for our decision is whether under section 162(a), I.R.C. 1954,
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.