- 11 - April 1995, Appeals Officer Thurston, aided by Appeals Coordinator Spaulding, worked on an Appeals case memorandum and a TEFRA settlement offer package. The package included completing Form 870-P(AD), Form 5402, Appeals settlement memorandum, Form 4605-A, and Form 886-Z(C). Completing the settlement package was time consuming. The amount of time it took to complete the settlement package was compounded by problems with the networked computer system and difficulties obtaining computer disks from the examination group that were necessary to complete the settlement package. Appeals Officer Thurston had to also organize Appeals personnel to perform computations for each of the 125 to 135 limited partners. On May 2, 1995, Appeals Officer Thurston spoke with Mr. Knoke concerning how the settlement would work for those limited partners who sold their partnership interests. Between May and June 1995, Appeals Officer Thurston completed the TEFRA settlement package. On June 30, 1995, Appeals Officer Thurston submitted the case to her manager, Janet Cole, for approval. On July 13, 1995, the Appeals Office forwarded a settlement package to the FSC. The transmittal letter instructed the FSC to issue letters and agreement forms to the TLP partners. On August 14, 1995, the FSC mailed settlement letters to the limited partners. After issuance of the settlement letters, the Internal Revenue Service (IRS) waited for responses from 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