MEMORANDUM OPINION
FOLEY, Judge:
By notice of deficiency dated December 7, 1998, respondent determined a $12,736 deficiency and a $2,547 section 6662(a) accuracy-related penalty relating to Fatai and Mary King's 1995 Federal income tax. In an amendment to the answer, respondent asserted a section 6663(a) fraud penalty. All section references are to the Internal Revenue Code in effect for 1995.
The Kings, who resided in Wyndmoor, Pennsylvania, when...
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.