MMC Corp., Midwest Mechanical Contractors, Inc., M W Builders, Inc., Midwest Mehanical Contractors of New Jersey, Inc., and Pahor Air Conditioning, Inc. - Page 1















                                 T.C. Memo. 2007-354                                  


                               UNITED STATES TAX COURT                                


                  MMC CORP., MIDWEST MECHANICAL CONTRACTORS, INC.,                    
                       M W BUILDERS, INC., MIDWEST MECHANICAL                         
            CONTRACTORS OF NEW JERSEY, INC., AND PAHOR AIR CONDITIONING,              
          INC., Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent           


               Docket No. 14742-05.             Filed November 29, 2007.              


               Michael Thompson and Lori J. Sellers, for petitioners.                 
               Allison O. Woodbury, for respondent.                                   


                                 MEMORANDUM OPINION                                   

               KROUPA, Judge:  Respondent determined a $357,534 deficiency            
          in petitioners’ Federal income tax for 2000 and a $468,068                  
          deficiency in petitioners’ Federal income tax for 2001.  After              








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