Memorandum Findings of Fact and Opinion
COHEN, Judge:
Respondent determined a deficiency of $245,769 in petitioners' Federal income taxes for 1982 and additions to tax of $12,288, under section 6653(a)(1), and 50 percent of the interest due on $245,769, under section 6653(a)(2). The issues for decision are whether unexplained bank deposits of petitioners represent unreported income, whether petitioners are entitled to deductions for supplies expense and...
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.