- 31 - 1993 Date Expense Amount 4/16 MN Liquor Liability $200.00 4/21 City of Coon Rapids 60.00 4/22 Janet Cullen 1,000.00 6/5 MN Recreation Assn. 125.00 6/7 A & B Sporting Goods 21.29 8/10 City of Coon Rapids 100.00 12/03 Sports Connection 75.00 Total 3,194.26 1994 Date Expense Amount 3/7 Elk River Wrestling $105.00 11/16 A & B Sporting Goods 118.42 4/21 C.R. Athletic Assn. 300.00 Total 523.42 2. Professional Fees Mr. Strong claimed accounting and legal expenses of $3,410 and $4,790 for 1993 and 1994, respectively. Of these amounts, respondent allowed $575 and $790 for 1993 and 1994, respectively, as miscellaneous itemized deductions for tax preparation fees paid to Mr. Newman. The remaining $2,835 for 1993 and $4,000 for 1994 are in dispute. Mr. Strong testified that the $2,835 was paid to Michael Scott, an attorney, for title clarification in connection with one of SCC’s business properties. In addition, Mr. Strong testified that the $4,000 was paid to Craig Cascorono, an attorney, also with respect to title issues concerning SCC’s business properties. Mr. Strong testified that SCC often had to retain attorneys in order to make sure its properties had validPage: Previous 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Next
Last modified: May 25, 2011