Load, Inc. - Page 1

                                 T.C. Memo. 2007-51                                   


                               UNITED STATES TAX COURT                                


                              LOAD, Inc., Petitioner v.                               
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
                              COAD, Inc., Petitioner v.                               
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket Nos. 7287-02, 7294-02.    Filed March 6, 2007.                  


               John F. Daniels III, Julio M. Zapata, and Eric J. Boyd, for            
          petitioners.                                                                
               Charles B. Burnett, for respondent.                                    


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               SWIFT, Judge:  Respondent determined deficiencies in                   
          petitioners’ Federal income taxes for their separate taxable                
          years ending September 30, 2000, as follows:                                





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