Memorandum Findings of Fact and Opinion
SHIELDS, Judge:
Respondent determined deficiencies in petitioner's Federal income taxes for the fiscal years 1979 and 1980 in the amounts of $166,706.95 and $38,081.19, respectively. The issue is whether petitioner's method of accounting clearly reflected its taxable income.
Findings of Fact
Some of the facts have been stipulated and are so found, the stipulation of facts being incorporated herein...
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.