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$337,300.28. During the years 1983 and 1984, and
because of the false deductions of $337,300.28 on the
corporate tax returns, I received a total of $47,792.71
in income which I did not report on my tax returns for
those two years, but which was reported on my amended
returns. I did not receive any income as a result of
Randy Hall, Inc.’s false deductions for the fiscal year
ending January 31, 1981 because I was not a shareholder
for any portion of that year.
3. Subsequent to the filing of these amended
returns, it came to our attention that certain
additional false deductions for non-existent purchases
had been claimed on one of the original corporate tax
returns, but these deductions had not been discovered
at the time of filing the amended returns.
4. The additional false deductions amounted to
$156,960.90, and affected the corporate tax return for
the tax year ending January 31, 1984, and my personal
return for the calendar year ended December 31, 1984.
* * * These false deductions resulted in additional
income to me of $52,320.20 which I did not report on my
original or amended tax return but which is being
reported on my second amended return which is being
filed along with a second amended corporate return.
Pursuant to the cooperation agreement, Randy Hall filed a
second amended 1983 return on or about September 2, 1987. On
that return, Randy Hall reported a $156,961 increase in income
resulting from a reduction of cost of goods sold due to
additional false deductions and an offset to that amount by a
$206,651 net operating loss carryback from its fiscal year ended
January 31, 1987. Randy Hall attached to its second amended
return a statement which provided that it had ascertained after
filing its first amended return for that year that it had claimed
on its original 1983 return additional false deductions
aggregating $156,961. The statement provided that these
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