- 12 - By letter dated January 10, 1995, petitioner's attorney provided to respondent additional information and statements from petitioner. On March 3, 1995, the Appeals Officer sent a letter to petitioner conceding some adjustments, contesting others, and requesting additional information about bank deposits. More specifically, the letter stated, in pertinent part, that respondent would concede $7,444 of the $7,449 adjustment for payments from Hoffelt, et al., for the Sharer accountancy client list, that respondent would concede the adjustment of $3,904 personal living expenses paid in cash, and that petitioner would concede that the auto allowance of $3,000 from Gold Country was includable in income. Furthermore, the Appeals Officer requested additional information about $9,580 in checks written to petitioner by Mary McDonald and $25,258 in funds deposited into petitioner's investment account. By letter dated March 19, 1995, petitioner's attorney provided an affidavit from Mary McDonald with respect to the $9,580 in checks written by her to petitioner and the $25,258 deposited into petitioner's investment account. By letter dated March 22, 1995, the Appeals Officer conceded all of the income items except the $3,000 auto allowance that petitioner conceded was income. Respondent also conceded the $150 Social Security adjustment. Petitioner conceded thePage: 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