Acme Pie Co. v. Commissioner

10 T.C.M. 97, 1951 Tax Ct. Memo LEXIS 345
CourtUnited States Tax Court
DecidedJanuary 25, 1951
DocketDocket No. 20870.
StatusUnpublished

This text of 10 T.C.M. 97 (Acme Pie Co. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Acme Pie Co. v. Commissioner, 10 T.C.M. 97, 1951 Tax Ct. Memo LEXIS 345 (tax 1951).

Opinion

Acme Pie Company, a Michigan Corporation v. Commissioner.
Acme Pie Co. v. Commissioner
Docket No. 20870.
United States Tax Court
1951 Tax Ct. Memo LEXIS 345; 10 T.C.M. (CCH) 97; T.C.M. (RIA) 51029;
January 25, 1951

*345 1. Amount of reasonable compensation for two of petitioner's officers for the years 1942, 1943 and 1944 determined.

2. Held, expenditure for replacement of windows in petitioner's plant during the year 1944 should be capitalized as the respondent determined.

Roy F. Andes, Esq., and Mel W. Werden, C.P.A., 7310 Woodward Ave., Detroit 3, Mich., for the petitioner. *346 A. J. Friedman, Esq., for the respondent.

HILL

Memorandum Finding of Fact and Opinion

The respondent determined deficiencies in petitioner's taxes for the years 1942, 1943 and 1944 as follows:

YearDeficiency
1942Declared value excess-profits tax
$ 389.51
Excess profits tax16,897.13
1943Declared value excess-profits tax
475.41
Excess profits tax16,952.81
1944Excess profits tax17,121.86

There are three issues before the Court:

(1) Were the amounts paid by the petitioner as compensation to John P. Homchis, Sr., and John P. Homchis, Jr., for the years 1942, 1943 and 1944 reasonable?

(2) Did respondent err in determining that contributions made by petitioner during 1942, 1943 and 1944 on behalf of John P. Homchis, Sr. and John P. Homchis, Jr. to a tax-exempt pension trust were not deductible because, when added to the other compensation paid to those officers, they represented excessive compensation for services performed?

(3) Did respondent err in determining the cost of replacing factory windows in 1944 in the amount of $1,350 should be capitalized rather than deducted as an ordinary and necessary business*347 expense under section 23 (a) (1) (A) of the Internal Revenue Code?

The pleadings also raised an issue as to the deductibility in 1943 of the cost of repairs to the roof of the factory building in the amount of $792. The respondent, however, conceded on brief that such amount was deductible in 1943.

Findings of Fact

Part of the facts have been stipulated and they are so found.

Issues 1 and 2. The petitioner was incorporated under the laws of the State of Michigan on March 23, 1931, with an authorized capital stock of 5,000 shares of common stock with a par value of $10 per share. It has kept its books and filed its Federal tax returns at all times on an accrual method of accounting and for the years in issue was on the calendar year basis. Its Federal tax returns were filed with the collector of internal revenue for the district of Michigan at Detroit.

Petitioner's origin and growth primarily are attributable to the efforts of John P. Homchis, Sr., (hereinafter referred to as senior). He was born in Lithuania and came to the United States in 1910 when he was 18 years of age. He lived in East St. Louis, Illinois, from November 1910 until 1915. He then*348 went to Detroit. There he married Mary Homchis. They have two children, John P. Homchis, Jr., (hereinafter referred to as Junior) and Suzanne Homchis.

Senior's first employment after coming to the United States was as a salesman for a baking company in East St. Louis, Illinois. While working for this company he learned about the baking business. During this period he also attended night school in order to learn the English language and arithmetic.

In 1915 while visiting Detroit he became interested in a bakery there. He purchased this bakery and operated it with the help of his sister and her husband. He later opened a second retail bakery in Detroit and also began to sell baked goods at wholesale to stores in and around Detroit.

During World War I he sold both bakeries and took a job with Ford Motor Company. After the war he did odd jobs in the mechanical field as an automobile repairman. In 1922 he purchased another bakery in Detroit for $5,000 which he operated until the fall of 1923. He sold this bakery in that year for $10,000, plus inventories. In 1923 he purchased another bakery. He operated this as an individual under the name of Acme Pie Company. In this business he*349 was engaged exclusively in making pies. Senior operated this business as an individual until 1924 when he formed an equal partnership with one Peter J. LeCody. LeCody made no capital contributions to the business. He was taken into the business because of his business connections.

In 1925 the business moved to a new location. It grew rapidly. In 1926 LeCody became purchaser and general manager. His duties were to hire the help and buy raw material, while Senior solicited business, supervised sales, attended to the financing and other administrative duties.

This arrangement between Senior and LeCody continued until 1930 when the latter took a vacation for 90 days in order to go to Greece. Upon his return to the United States he failed to return to Acme Pie Company but instead went into the frozen apple business in Buffalo, New York. At that point, a conflict developed between Senior and LeCody.

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10 T.C.M. 97, 1951 Tax Ct. Memo LEXIS 345, Counsel Stack Legal Research, https://law.counselstack.com/opinion/acme-pie-co-v-commissioner-tax-1951.