MEMORANDUM OPINION
NIMS, Judge:
Respondent determined Federal income tax deficiencies for petitioners' 1993 and 1994 taxable years in the amounts of $20,446 and $37,214, respectively. The deficiencies are attributable in part to adjustments in the taxable income reported by R & J Transport, Inc. (R&J), an S corporation wholly owned by petitioner Ronald Leschke. After concessions, this Court is asked to decide whether, and to what extent, the following...
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