The document discusses the IRS's disallowance of personal deductions for H. H. Mink & Son Bag Co., Inc., and related parties. The IRS increased the entity's net income by adding income rather than reducing expenses. The court found that cash disbursements were used to purchase bags from Bleichfeld Bag Co., Inc., and not for personal benefit. Adjustments to auto expenses were also discussed, with the court determining that the cars were mainly used for business purposes. The recommendation was acquiescence.
documents/EFTA01204559.pdf
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