Buyers Home Warranty Company - Page 1

                                 T.C. Memo. 1998-98                                   


                               UNITED STATES TAX COURT                                


                    BUYERS HOME WARRANTY COMPANY, Petitioner v.                       
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 24774-95.             Filed March 9, 1998.                  


               William L. Feinstein, for petitioner.                                  
               Mark A. Weiner, for respondent.                                        


                                 MEMORANDUM OPINION                                   
               RAUM, Judge:  The Commissioner determined a $356,179                   
          deficiency in petitioner's 1990 Federal income taxes.  The                  
          Commissioner determined that petitioner's method of accounting              
          did not accurately reflect petitioner's income.  The notice of              
          deficiency changed the method of accounting and implemented a               







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