- 3 -
whether petitioner expensed a $22,250 capital asset in 1992 that
it also was depreciating; (7) whether petitioner is entitled to a
miscellaneous deduction in 1992 of $11,997; (8) whether
petitioner is entitled to auto and truck expense deductions in
1992, 1993, and 1994 of $3,794, $6,177, and $5,925, respectively;
(9) whether petitioner is entitled to depreciation deductions
connected with the personal use of automobiles in 1992, 1993, and
1994 of $1,590, $9,623, and $594, respectively; (10) whether
petitioner is entitled to the following expenses in 1992 paid for
the benefit of Olympic: Purchases--$6,128; fuel--$13,233; legal
fees--$10,931; travel--$11,412; (11) whether petitioner
overstated its insurance expenses for 1992, 1993, and 1994 by
$3,191, $1,401, and $1,401, respectively; (12) whether petitioner
overstated its 1992 repair expenses by $1,543; (13) whether
petitioner is entitled to a $64,291 investment tax carryover from
1991 to 1992; (14) whether petitioner is entitled to a $196 jobs
credit carryover from 1991 to 1992; and (15) whether petitioner
is liable for the accuracy-related penalty under section 6662 for
1992 and 1994 in the amounts of $40,340 and $11,905,
respectively.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011