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GUY SCHOENECKER, INC. v. COMMISSIONER

Docket Nos. 11462-93, 1268-94.

70 T.C.M. 1303 (1995)

T.C. Memo. 1995-539

Guy Schoenecker, Inc., Business Incentives, Inc., and Carousel by Guy, Inc. v. Commissioner.

United States Tax Court.

Filed November 14, 1995.

Attorney(s) appearing for the Case

James E. O'Brien, Minneapolis, Minn., and Wayne A. Hergott, for the petitioners in Docket Nos. 11462-93 and 1268-94. Steven Z. Kaplan, for the petitioners in Docket No. 11462-93. Genelle F. Forsberg, for the respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

SCOTT, Judge:

Respondent determined deficiencies in the consolidated income tax of Guy Schoenecker, Inc., and its two subsidiaries for the years and in the amounts as follows:

Fiscal year ended                        Deficiency

June 30, 1988 ........................   $  254,535
June 30, 1989 ........................      587,024
June...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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