- 16 -
CPSG, Inc. 240,000
Walker Interactive Systems3 16,000
Uniplex Software Systems, Inc. 75,000
Granite Bay Montessori reimbursements 1,591
Miscellaneous 86
TOTAL 194,317
1 Petitioner submitted expense reports to CPSG, Inc. for his travel and
other expenses that he incurred on its behalf and CPSG, Inc. reimbursed him
for these expenses.
2 The $40,000 was for a charitable contribution made by CPSG, Inc. on
behalf of petitioner.
3 Petitioner was a member of the board of directors of Walker
Interactive Systems.
The receipts reported for CPSG Ventures for 1995 on petitioners’
Schedule C consisted of the following items:
CPSG, Inc. reimbursements $53,187
Walker Interactive Systems 10,500
Airline ticket refund 3,878
TOTAL 67,565
The receipts reported for CPSG Ventures for 1996 on petitioners’
Schedule C consisted of the following items:
CPSG, Inc. reimbursements $53,618
Walker Interactive Systems 18,500
TOTAL 72,118
Petitioners claimed as deductions the following expenses on their
Schedules C for CPSG Ventures for the taxable years listed:
Description 1994 1995 1996
Depreciation $5,017 $10,053 -0-
Car & truck -- 5,799 $5,807
Interest 386 -- --
Legal/professional 1,374 79 30
Office expense 905 -- 202
Supplies 970 865 12,604
Travel 54,644 -- 41,870
Meals 2,353 4,439 1,900
Utilities 9,995 9,457 16,861
Auto-Std rate 4,133 -- --
Auto taxes 104 -- --
Miscellaneous -- 220 75
TOTAL 79,881 30,912 79,349
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