MEMORANDUM OPINION
FOLEY, Judge:
In the notice of deficiency relating to Fatal and Mary King's 1992 Federal income tax, respondent determined a deficiency of $11,945 and an accuracy-related penalty of $2,389. The Kings, who resided in Wyndmoor, Pennsylvania, when they filed their petition, dispute certain adjustments that respondent made to their Schedule C business income. Petitioners have the burden of proving that such adjustments are erroneous. Welch...
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.