Casner v. Commissioner

1964 T.C. Memo. 277, 23 T.C.M. 1683, 1964 Tax Ct. Memo LEXIS 64
CourtUnited States Tax Court
DecidedOctober 21, 1964
DocketDocket No. 4117-62.
StatusUnpublished

This text of 1964 T.C. Memo. 277 (Casner 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
Casner v. Commissioner, 1964 T.C. Memo. 277, 23 T.C.M. 1683, 1964 Tax Ct. Memo LEXIS 64 (tax 1964).

Opinion

Joseph Casner, Jr. v. Commissioner.
Casner v. Commissioner
Docket No. 4117-62.
United States Tax Court
T.C. Memo 1964-277; 1964 Tax Ct. Memo LEXIS 64; 23 T.C.M. (CCH) 1683; T.C.M. (RIA) 64277;
October 21, 1964
*64

Held: (1) Petitioner's books and records were inadequate to determine petitioner's taxable income for the taxable years in issue;

(2) Respondent properly determined petitioner's income under the bank deposits and withdrawals method for the taxable years involved;

(3) Part of the deficiencies in petitioner's income taxes for the taxable years in issue was due to fraud with intent to evade tax;

(4) Imposition of the addition to tax for failure to file a declaration of estimated tax for the years 1951 through 1954 is sustained.

Joseph Casner, Jr., pro se, Ridgewood Ave., Madison, Conn. Lawrence A. Wright, for the respondent.

BRUCE

Memorandum Findings of Fact and Opinion

BRUCE, Judge: Respondent determined deficiencies and additions to tax for the taxable years 1951 through 1956 as follows:

Sec.
294(d)Sec.Sec.
YearDeficiency(1)(A) *293(b) 6653(b) **
1951$ 941.08$ 93.26$ 470.54
19522,519.81234.331,259.90
1953$3,764.16$331.49$1,882.08
1954483.4034.63$ 241.70
19556,723.233,361.61
19567,679.653,839.82

There are two issues: (1) Whether respondent properly determined petitioner's taxable income for each of the taxable years 1951 through 1956, and (2) whether part *65 of the deficiencies in petitioner's income taxes for these years was due to fraud with intent to evade tax.

Findings of Fact

Petitioner is an individual who resided during the taxable years 1951 through 1955 in Woodbridge, Connecticut, and during the taxable year 1956 in Madison, Connecticut. He filed his individual Federal income tax returns for the calendar years 1951 through 1954 and the calendar year 1956 with the district director of internal revenue at Hartford, Connecticut. He did not file a Federal income tax return for the taxable year 1955.

During the taxable years in issue, petitioner owned and operated as a sole proprietorship East River Sales & Service, an Oldsmobile agency and garage in Madison, Connecticut. Petitioner failed to file a Schedule C with his income tax returns for each of the taxable years 1951 through 1954 and 1956. He reported no business income or loss on the summary of Schedule C on his individual return, Form 1040, for the years 1951 through 1954 and reported a $6,089 loss on item 8 "Profit (or loss) from business from separate Schedule C" on his Form 1040 return for the year 1956. He reported himself as an employee of East River Sales & Service on *66 his income tax returns for the years 1951 through 1954. On his return for the taxable year 1956, he reported himself as an employee of "East River Sales, Sole Prop." Petitioner filed withholding returnrs for each of the taxable years in issue for which he filed an income tax return. He filed a Schedule C with his income tax return for the year 1950.

Petitioner's Federal income tax returns for the taxable years 1949 and 1950 were examined by an agent of the Internal Revenue Service. Onmay 23, 1952, respondent's agent issued a preliminary statement of total tax liability proposing certain deficiencies in petitioner's income taxes for these years and recommending the imposition of the 5 percent addition to tax for negligence. The report stated that the principal cause of the proposed deficiencies was an increase in business income. A downward adjustment in the depreciation allowable on rental property was made for the year 1950. Petitioner executed a Form 870 Waiver of Restrictions on Assessment and Collection of Deficiency in Tax with respect to these proposed deficiencies and additions to tax.

On October 28, 1952, respondent's agent served petitioner with an official notice that the *67 books of account and records maintained by him in recording the operations of his business were insufficient for the purpose of verifying his liability for Federal income taxes and notifying him of the requirements of the law and regulations with respect to maintaining books of account and records. Petitioner made no effort to improve his method of bookkeeping following the receipt of this notice.

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Bluebook (online)
1964 T.C. Memo. 277, 23 T.C.M. 1683, 1964 Tax Ct. Memo LEXIS 64, Counsel Stack Legal Research, https://law.counselstack.com/opinion/casner-v-commissioner-tax-1964.