Chih H. and Chu F. Chu - Page 7




                                        - 7 -                                         
                    money being used up for the import business start-                
                    up, and in 1992 & 1993, even could not afford to                  
                    hire the part time bookkeeper.  Mrs. Chu majoring                 
                    in Music helped to just put all the receipts aside                
                    without knowing how to organize it.  But, everyone                
                    knows without investing or buying the seeds to                    
                    fertilize it, the fruits will not be there years                  
                    after.  In other words, no one would expect the                   
                    profits (Fruits) in the first few years of startup                
                    a new business (seeds).  [Reproduced literally.]                  
               Petitioners’ reply states in pertinent part:                           
               12) This Court has jurisdiction to vacate a final                      
                    decision if the decision of the Court was obtained                
                    by fraud on the Court.  Partially report the COG                  
                    is the act of fraud, which would influence the                    
                    judgment.  Treating petitioners unfairly or dif-                  
                    ferently will be justified by the court as the act                
                    of fraud or one kind of discriminating the peti-                  
                    tioners had no tax/accounting background or knowl-                
                    edge.                                                             
                  *       *       *       *       *       *       *                   
               14) The definition of Fraud is an act of deliberate                    
                    deception with the design of securing something by                
                    taking unfair advantage of another-New Interna-                   
                    tional Dictionary; A deliberate deception for                     
                    unfair or unlawful gain-American Heritage Diction-                
                    ary.  Respondent is a tax professional, hold the                  
                    documents retrieved from the bank without exchange                
                    to the petitioners for four years (1995-1999) and                 
                    jump to the decision without providing the appeal                 
                    meeting for petitioners to explain until tax solv-                
                    ing date requested by the congressman to release                  
                    the files to the petitioners to check.                            
               15) To prove such fraud, petitioners (No Tax back-                     
                    ground) hired the CPA and attorney to analyze and                 
                    prepare the detailed 1040 forms and schedule C for                
                    easy understanding without eliminating or modified                
                    the numbers where the banks statements or re-                     
                    ceipts/cancelled checks were all available.  The                  
                    respondent (Professional tax expert) claimed in                   
                    his office the preparation of 1040 forms need one                 
                    more year and he could not find help to prepare it                
                    based on the receipts/cancelled checks and bank                   





Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  Next

Last modified: May 25, 2011