Daniel R. Leavell and Eva Lovene Leavell - Page 3

                                                 - 3 -                                                    
                   Trial and resolution of this case have been complicated by                             
            the failure of petitioners to cooperate with respondent's                                     
            representatives during respondent's audit and by petitioners'                                 
            failure to comply with important aspects of this Court's pretrial                             
            and trial rules.                                                                              
                   For convenience, we combine our findings of fact and                                   
            opinion on each issue.                                                                        
                   Some of the facts have been stipulated and are so found.                               
            At the time they filed their petition in this case, petitioners                               
            resided in Carmi, Illinois.                                                                   
                   During 1980 through 1985, petitioner Daniel R. Leavell                                 
            (Daniel) was engaged in the conduct of various businesses                                     
            involving oil production, the sale of oil field equipment, and                                
            the maintenance of oil wells.  In 1984, petitioner Eva Lovene                                 
            Leavell (Eva), under the name of L & L Supply, began a separate                               
            business involving the sale of oil field equipment.  In 1986, Eva                             
            operated a separate business involving oil production.                                        

            Filing of Petitioners' 1985, 1986, and 1987 Joint Federal                                     
            Income Tax Returns, Respondent's Audit, and Trial                                             
                   On October 17, 1988, petitioners untimely filed their joint                            
            Federal income tax return for 1987.  On May 10, 1990, petitioners                             
            untimely filed their joint Federal income tax returns for 1985                                
            and 1986.  On September 27, 1990, petitioners filed an amended                                
            joint Federal income tax return for 1987.                                                     






Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011