Ries Enterprises, Inc. appeals the tax court’s 1 decision upholding the Commissioner’s determination that it owed $161,200 in excise tax and $76,570 in additions to tax for the 2002 tax year. After careful review, see Ark. State Police Ass’n v. Comm’r, 282 F.3d 556, 558 (8th Cir. 2002) (standard of review), we find no basis for reversal. Accordingly, we affirm. See 8th Cir. R. 47B.