T.C. Memo. 2001-5 UNITED STATES TAX COURT WADE H. GRIFFIN, III, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 12900-98. Filed January 9, 2001. William E. Frantz, Brenda G. Bates, and Donald P. Edwards (specially recognized), for petitioner. David R. Mackusick and Gwendolyn C. Walker, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION GERBER, Judge: Respondent, for petitioner’s 1994 taxable year, determined a $1,443,439 income tax deficiency and an accuracy-related penalty under section 6662(a),1 in the amount of 1 Unless otherwise indicated, section references are to the Internal Revenue Code in effect for the taxable year under (continued...)Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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