United States Tax Court August 25, 2000, 4160-97, 4161-97 (Lenward C. Hood and Barbara P. Hood v. Commissioner)

115 T.C. No. 14

UNITED STATES TAX COURT

LENWARD C. HOOD AND BARBARA P. HOOD, Petitioners v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

HOOD’S INSTITUTIONAL FOODS, INC., Petitioner v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket Nos. 4160-97, 4161-97. Filed August 25, 2000.

H operated a sole proprietorship, and later

incorporated HIF, which assumed the business of the

sole proprietorship.