Raymond L. Monk, Jr. - Page 1

                                 T.C. Memo. 2008-64                                   

                               UNITED STATES TAX COURT                                

                         RAYMOND L. MONK, JR., Petitioner v.                          
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      

               Docket Nos. 10964-03, 6132-04.   Filed March 17, 2008.                 

               Caroline D. Ciraolo, for petitioner.                                   
               Bradley C. Plovan, for respondent.                                     

                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               HOLMES, Judge:  For many years, Raymond Monk reported his              
          interest in a Baltimore bar called Chuck’s Place as a sole                  
          proprietorship on his tax returns.  This wasn’t surprising--it              
          was his name on the bar’s liquor license, his name on the bar’s             
          checking account, and it was he who was recognized by Maryland as           
          the bar’s lottery agent.  But when the Commissioner began an                
          audit, Monk’s accountant delved deeper and determined that Monk             

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Last modified: March 27, 2008