- 3 - (2) whether Wolf Creek Farm is liable for the accuracy- related penalty under section 6662(a) for the taxable years ended November 30, 1995, 1996, and 1997. FINDINGS OF FACT Some of the facts have been stipulated and are so found. The stipulation of facts and the attached exhibits are incorporated herein by this reference. When the petitions were filed in these cases, the residence of Mr. Tschetter, as well as the principal place of business of Wolf Creek Farm, was in Bridgewater, South Dakota. A. Mr. Tschetter Mr. Tschetter has lived with his parents his entire life (approximately 47 years). The family residence (the farmhouse) has been in the Tschetter family for over 70 years. On or about July 7, 1993, Mr. Tschetter’s parents gave him the farmhouse and 79 acres of farm land on which the farmhouse is located (the homestead). Since 1988, Mr. Tschetter has owned another 156 acres (the Tschetter farm). The Tschetter farm is approximately 1 mile from the homestead.Page: 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