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operation, including the parts business, were sent to Joan Noske
at a post office box in Cold Springs, Minnesota. Some of these
amounts were received at this post office box directly from the
payors. In other instances, payors sent checks directly to
petitioners, who would forward them to the Cold Springs post
office box. When petitioners received bills from companies they
bought parts from, these too were generally forwarded to the Cold
Springs post office box.
Joan Noske generally made provision out of “Oak Hill” funds
for paying farm expenses, parts inventory purchases, utility and
other billings, and real estate taxes, as well as for paying
certain of petitioners’ living expenses, including expenses for
insurance, reroofing petitioners’ personal residence, hospital
bills, a newspaper subscription, and property taxes on
petitioners’ residence. Oak Hill also paid 40 percent of
petitioners’ utilities.
During the years at issue, Joan Noske did all the
bookkeeping for Oak Hill. She prepared the Federal income tax
returns for Oak Hill and at least 20 other trusts that name
Armageddon and Parnell as trustees. She also prepared
petitioners’ income tax returns for the years in issue. On a
monthly or bimonthly basis, petitioners received ledgers from
Joan Noske which accounted for funds purportedly received and
disbursed by Oak Hill during the years at issue. The
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Last modified: May 25, 2011