- 25 - Petitioners' Income Tax Returns Mr. Gerald Silverstein, a public accountant, prepared petitioners' joint individual income tax returns for taxable years 1976 through 1985. Mr. London annually provided Mr. Silverstein with the information necessary to prepare petitioners' individual returns. From time to time, Mrs. London also delivered to Mr. Silverstein Forms 1099 and other information necessary to prepare the returns. After Mr. Silverstein prepared each return, he would give it to Mr. London. Mr. Silverstein signed petitioners' signatures on their return for 1984. He was not present when petitioners' returns for 1983 and 1985 were signed. Mr. Abraham Trugman, a certified public accountant, prepared the Schedules C, Profit or (Loss) From Business or Profession, for Mr. London's check-cashing business, M.L. Associates. Mr. London supplied Mr. Trugman with bank statements, deposit slips, and machine tapes showing the weekly check-cashing income of the business. Mr. London forwarded the Schedules C to Mr. Silverstein for use in preparing petitioners' joint individual income tax returns. Mr. Trugman never met Mr. Silverstein.Page: Previous 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Next
Last modified: May 25, 2011