Best Auto Sales, Inc. - Page 1
















                                 T.C. Memo. 2002-297                                  


                               UNITED STATES TAX COURT                                


                        BEST AUTO SALES, INC., Petitioner v.                          
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
                           ABC AUTOS, INC., Petitioner v.                             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket Nos. 10149-97, 10150-97.     Filed December 2, 2002.            
                                                                                     

               B. Gray Gibbs, for petitioners.                                        
               James F. Kearney, for respondent.                                      


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               SWIFT, Judge:  These cases are consolidated for trial,                 
          briefing, and opinion.  Respondent determined against petitioners           
          deficiencies in Federal income taxes and accuracy-related                   







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