- 6 - Bordelon's payments to Mr. Goings at the time she prepared the couple's joint returns for taxable years 1985 through 1988. She first learned of such payments when Mr. Goings inquired as to the procedure for filing amended tax returns sometime in 1989. Petitioner did not review any of the couple's joint returns prior to signing them. In September 1989, the IRS initiated an examination of Bordelon's 1987 Federal individual income tax return. That examination revealed Bordelon's kickback payments to Mr. Goings. The examination also revealed that Bordelon had not issued a Form 1099 to Mr. Goings with respect to any of the kickback payments. Bordelon subsequently issued a Form 1099 to Mr. Goings with respect to the payments made in taxable years 1986, 1987, 1988, and 1989.2 In November 1989, after receiving the Forms 1099 from Bordelon, Mr. Goings and petitioner filed amended tax returns for taxable years 1986, 1987, and 1988 (the amended returns). Each amended return listed the kickback payments as income and contained the corresponding additional tax payment. Petitioner and Mr. Goings did not amend their 1989 tax return, and it is unclear from the record whether they amended their 1985 or 1990 returns. 2It is unclear from the record whether Bordelon issued a Form 1099 to Mr. Goings with respect to the payments made in 1985 and 1990.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