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total of $112,433.43 in income which I did not report
on my personal income tax returns during the period.
The amount of additional income omitted in each of the
years for which amended returns are being filed by me
is as follows:
Amount of
Year Unreported Income
1981 $64,640.72
1983 31,399.81
1984 16,392.90
Total: $112,433.43
Randy Hall also filed an amended 1982 return in early 1986
pursuant to the cooperation agreement. On that return, Randy
Hall reported a $94,199 increase in income resulting from its
reduction of its cost of goods sold as originally reported.
Randy Hall acknowledged on that return that the reduction was
required because it had originally included in its cost of goods
sold computation nonexistent business deductions totaling
$337,300. Randy Hall reported that its four shareholders during
the relevant time period had “ADDITIONAL INCOME ARISING FROM THE
AFOREMENTIONED DEDUCTIONS” in the amounts set forth in the
schedule shown above as to Randy Hall’s amended 1983 return.
Randy Hall attached to its amended 1982 return the same
affidavits attached to its amended 1983 return.
Mr. Feinsmith filed an amended 1984 personal income tax
return in early 1986 (or possibly late 1985) pursuant to the
cooperation agreement. On that return, Mr. Feinsmith reported
additional income of $16,333, representing what he believed was
his 1/3 share of Randy Hall’s false invoice deduction
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