Case Name: Appeal of BOERICKE & RUNYON
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-02-11
Citations: 3 B.T.A. 684
Docket Number: Docket No. 2981
Parties: Appeal of BOERICKE & RUNYON.
Judges: Before James, Smith, Littleton, and Trussell.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 3
Pages: 684–685

Head Matter:
Appeal of BOERICKE & RUNYON.
Docket No. 2981.
Submitted May 19, 1925.
Decided February 11, 1926.
F. J. Batchelder, G. P. A., for the taxpayer.
J. A. Adams, Esq., for the Commissioner.
Before James, Smith, Littleton, and Trussell.

Opinion:
DECISION.
The net income of the taxpayer during these several years should be computed by allowing 10 per cent depreciation upon furniture and fixtures of the Hew York office, upon the basis of the average investment therein during each of the several years, and by the further allowance of the bonuses paid to employees in the taxable years in question. Final determination will be settled on 10 days' notice, in accordance with Rule 50.