T.C. Memo. 1998-423
UNITED STATES TAX COURT
CERAND & COMPANY, INC., Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 2767-97. Filed November 24, 1998.
Gerard A. Cerand (an officer), for petitioner.
Gregory S. Matson and Warren P. Simonsen, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
GERBER, Judge: Respondent determined deficiencies in
petitioner’s Federal income tax for tax years 1990, 1991, and
1992 in the amounts of $6,994, $10,709, and $143,406,
respectively. The issue for our consideration is whether bad
debt deductions taken in 1990 and 1991 are allowable under
Page: 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011