RICHARDSON INVESTMENTS v. COMMR. OF INTERNAL REVENUE, 76 T.C. 736 (1981) RICHARDSON INVESTMENTS, INC., AND SUBSIDIARIES (FORMERLY KNOWN AS RICH FORDSALES, INC.), A NEW MEXICO CORPORATION, PETITIONER v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. No. 3261-79.United States Tax Court. Filed May 11, 1981. Petitioner, a Ford Motor Co. franchised dealer, maintained its inventory on the LIFO dollar-value, […]
Category: United States Tax Court Opinions
UNITED STATES SUGAR CORP. v. COMMR. OF INTERNAL REVENUE, 2 T.C. 863 (1943)
UNITED STATES SUGAR CORP. v. COMMR. OF INTERNAL REVENUE, 2 T.C. 863 (1943) UNITED STATES SUGAR CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 112338.United States Tax Court. Promulgated October 11, 1943. The petitioner paid to a processor of petitioner’s raw sugar, for services, including refining, paying processing tax on and selling the sugar […]
KETLER v. COMMISSIONER OF INTERNAL REVENUE, 17 T.C. 216 (1951)
KETLER v. COMMISSIONER OF INTERNAL REVENUE, 17 T.C. 216 (1951) F. K. KETLER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket No. 29003.United States Tax Court. Promulgated August 16, 1951. The correct basis for computing petitioner’s gain or loss in the year 1944 for his 252 shares of stock of Corporation B in liquidation depends […]
ESTATE OF HECKSCHER v. COMMR. OF INTERNAL REVENUE, 63 T.C. 485 (1975)
ESTATE OF HECKSCHER v. COMMR. OF INTERNAL REVENUE, 63 T.C. 485 (1975) ESTATE OF MAURICE GUSTAVE HECKSCHER, LEO R. BEST, ADMINISTRATOR, C.T.A.,PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket No. 6896-72.United States Tax Court. Filed January 29, 1975. Held, value of shares of stock of a closely held investment company which represented a small minority […]
ESTATE OF GOLDSBOROUGH v. COMMR. OF INTERNAL REVENUE, 70 T.C. 1077 (1978)
ESTATE OF GOLDSBOROUGH v. COMMR. OF INTERNAL REVENUE, 70 T.C. 1077 (1978) ESTATE OF MARCIA P. GOLDSBOROUGH, DECEASED, KATHERINE G. EPPLER, PERSONALREPRESENTATIVE, AND KATHERINE G. EPPLER, ET AL.,[fn1] PETITIONERS v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket Nos. 10811-76, 10831-76, 10832-76, 10835-76, 10836-76, 10837-76.United States Tax Court. Filed September 27, 1978. [fn1] The following cases are consolidated […]
APPLEGATE v. COMMISSIONER OF INTERNAL REVENUE, 94 T.C. 696 (1990)
APPLEGATE v. COMMISSIONER OF INTERNAL REVENUE, 94 T.C. 696 (1990) CALVIN P. APPLEGATE AND IRMA APPLEGATE, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. No. 12721-88.United States Tax Court. Filed May 16, 1990. During 1984, P, as a landlord farmer, sold grain crop share rentals for $83,280.79 and entered into contracts for future payments, the price of […]
NAHEY v. COMMISSIONER OF INTERNAL REVENUE, 111 T.C. 256 (1998)
NAHEY v. COMMISSIONER OF INTERNAL REVENUE, 111 T.C. 256 (1998) BRIAN L. AND CAROLE J. NAHEY, PETITIONERS v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT Docket No. 8497-96.United States Tax Court. Filed October 21, 1998. W, a corporation, sued X for breach of contract and misrepresentation for failing to complete the installation of a computer system and sought […]
RAMIREZ v. COMMISSIONER, 2010-108 (T.C.M. 5-17-2010)
RAMIREZ v. COMMISSIONER, 2010-108 (T.C.M. 5-17-2010) JOSE J. MARY D. RAMIREZ, Petitioners v. COMMISSIONER OF INTERNALREVENUE, Respondent No. 24262-08.United States Tax Court. Filed May 17, 2010. MEMORANDUM FINDINGS OF FACT AND OPINION Jose J. Mary D. Ramirez, pro sese. Aely K. Ullrich, for respondent. COHEN, Judge: Respondent determined a deficiency of $9,995 in petitioners’ Federal […]
PROCEEDINGS DISPOSED OF UPON MEMORANDUM OPINIONS, 79 T.C. 1093 (1982)
PROCEEDINGS DISPOSED OF UPON MEMORANDUM OPINIONS, 79 T.C. 1093 (1982)United States Tax Court. 1982. PROCEEDINGS DISPOSED OF UPON MEMORANDUM OPINIONS T.C. Memo. Name 1982 — 502 Alden Bioclinical Laboratories, Inc. 1982 — 455 Allen, Robert M. and Eileen M. 1982 — 402 Altenburg, David C. and Marianne 1982 — 521 Alvarez, Fernando D. and Maria […]
ABRAMS v. COMMISSIONER OF INTERNAL REVENUE, 82 T.C. 403 (1984)
ABRAMS v. COMMISSIONER OF INTERNAL REVENUE, 82 T.C. 403 (1984) GALE C. ABRAMS, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE RESPONDENT. No. 1280-83.United States Tax Court. Filed March 5, 1984. Petitioner instituted this proceeding claiming that his wages are not income subject to tax. Held, in these circumstances, respondent’s determinations of income tax deficiencies and additions […]