Beckley v. Commissioner

1975 T.C. Memo. 37, 34 T.C.M. 235, 1975 Tax Ct. Memo LEXIS 337
CourtUnited States Tax Court
DecidedFebruary 27, 1975
DocketDocket Nos. 5421-72, 5422-72 and 5423-72.
StatusUnpublished

This text of 1975 T.C. Memo. 37 (Beckley 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
Beckley v. Commissioner, 1975 T.C. Memo. 37, 34 T.C.M. 235, 1975 Tax Ct. Memo LEXIS 337 (tax 1975).

Opinion

JOHN L. BECKLEY and ELEANOR H. BECKLEY, et al., 1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Beckley v. Commissioner
Docket Nos. 5421-72, 5422-72 and 5423-72.
United States Tax Court
T.C. Memo 1975-37; 1975 Tax Ct. Memo LEXIS 337; 34 T.C.M. (CCH) 235; T.C.M. (RIA) 750037;
February 27, 1975, Filed
Allan Shoopak, for the petitioners. Lyndon J. Parker, for the respondent.

IRWIN

MEMORANDUM FINDINGS OF FACT AND OPINION

IRWIN, Judge: Respondent determined deficiencies in petitioners' income taxes as follows:

DocketTaxable
PetitionersNo.Year EndingDeficiency
John L. Beckley5421-7212-31-68$ 8,269.87
Eleanor H. Beckley12-31-6910,090.54
The Economics Press,5422-723-31-689,210.95
Inc.
The Economics Press,5423-723-31-6910,852.54
Inc. and Nemo3-31-709,403.74
Realty Corp. (Sub-
sidiary Company)

The issues presented for our determination are: (1) whether respondent erred in disallowing deductions taken by the corporation for pilot training and for the use, maintenance and depreciation of two airplanes; (2) whether the fair rental value of the two airplanes as applied to the hours of personal use constitute a constructive dividend to petitioner John L. Beckley; and (3) whether respondent erred in disallowing a portion of the corporation's additions to its bad debt reserves.

FINDINGS OF FACT

*339 Some of the facts have been stipulated and the stipulation of facts, together with the exhibits attached thereto, are found accordingly.

Petitioners, John L. Beckley and Eleanor H. Beckley, husband and wife, resided in North Caldwell, N.J., during the years in issue and at the time of the filing of their petition with this Court. For the calendar years 1968 and 1969 joint income tax returns were filed with the district director of internal revenue in Newark, N.J.

Petitioner, the Economics Press, Inc. (hereinafter referred to as the corporation or Economics Press) is a corporation dealing primarily in the publication of training and instructional materials for corporations and education systems. During the years in issue and at the time of the filing of its petitions with this Court, Economics Press maintained its principal place of business and sole corporate headquarters in Fairfield, N.J. For the taxable years ending March 31, 1968, March 31, 1969, and March 31, 1970, corporate income tax returns were filed with the district director of internal revenue in Newark, N.J.

During the years in issue John L. Beckley (hereinafter referred to as petitioner or Beckley) was the president, *340 editor, chief writer, chairman of the board, and principal shareholder of Economics Press with all of the corporation's publications being either created, rewritten or edited by him. As the corporation grew in size Beckley found it increasingly difficult to set aside the uninterrupted time he required for his creative writing. In order to obtain the solitude he deemed necessary Beckley determined that he needed a place to work away from his Fairfield office. As a result he set up a study in his wife's summer house in Chatham, Mass. (Cape Code area). The house was situated in a secluded sixacre wooded area and there Beckley found the uninterrupted time he needed to create new products for the corporation. While Beckley believed he could work just as effectively elsewhere provided he had the necessary seclusion, his wife and family preferred Chatham for their summer residence.

In July 1967 Economics Press purchased a single engine Beechcraft V35 Bonanza airplane. This plane was traded in 1968 for a twin engine Beechcraft B55 Baron. The corporation acquired the planes for the primary purpose of transporting Beckley between the Chatham summer house and the Fairfield office. Beckley was*341 trained at the corporation's expense to pilot the planes and he found that flying gave him greater mobility while still allowing him to maintain frequent and immediate contract with his Fairfield office whenever necessary.

During the summer Beckley would spend at least five days a week in Chatham with the other two days a week being spent in the Fairfield office. The planes were used for this travel. Beckley found it too time consuming and inconvenient to travel by commercial or charter flights.

Beckley was also a member of the board of trustees of the University of Vermont and used the planes to attend some of the university meetings. No evidence was presented indicating that Economics Press engaged in any business with the University of Vermont or that Beckley's position as a trustee was business related.

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Bluebook (online)
1975 T.C. Memo. 37, 34 T.C.M. 235, 1975 Tax Ct. Memo LEXIS 337, Counsel Stack Legal Research, https://law.counselstack.com/opinion/beckley-v-commissioner-tax-1975.