- 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