United States Tax Court March 29, 2002, No. 11838-98 (WELCH v. COMMISSIONER)

STEWART L. WELCH and PATRICIA A. WELCH, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent WELCH v. COMMISSIONER No. 11838-98 United States Tax Court T.C. Memo 2002-84; 2002 Tax Ct. Memo LEXIS 87; 83 T.C.M. (CCH) 1431; March 29, 2002, Filed *87 Petitioners underreported sole-proprietorship gross receipts and were liable for accuracy-related penalties. Keith Howard Johnson, for petitioner.