MEMORANDUM FINDINGS OF FACT AND OPINION
COHEN, Judge:
Respondent determined a deficiency of $25,086 in petitioner's Federal income tax for the fiscal year ended February 28, 1995. After concessions, the issue for decision is whether deductions claimed by petitioner for salary and bonuses paid to one of its officers, who was also a shareholder, exceeded reasonable compensation. Unless otherwise indicated, all section references are to the Internal Revenue...
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