- 16 - Examination of the Mansours’ Income Tax Returns for 1996 through 1999 The examination of the Mansours’ income tax return for 1996 began in June 1999 and expanded to include 1997, 1998, and 1999. The Mansours executed a power of attorney in favor of Bradshaw with respect to their income tax returns for 1996, 1997, and 1998. During the examination of the Mansours’ income tax returns, the IRS made requests for copies of workpapers, the income tax returns of their business entities, and bank statements. The Mansours did not produce adequate records with respect to those requests, however, so the IRS summonsed the Mansours’ bank records in order to make an appropriate determination of their income for those years. In determining the Mansours’ income for 1996, the IRS summonsed and evaluated copies of the bank statements from, the checks written for $500 or more on, and any items that were listed on deposit tickets totaling $500 or more that were deposited to the Mansours’ personal bank account at First Union National Bank of Florida (First Union) for that year. In determining the Mansours’ income for 1997, the IRS summonsed and evaluated copies of the bank statements from, checks written for $500 or more on, and any items that were listed on deposit tickets totaling $500 or more that were deposited to the Mansours’ personal bank account at First Union as well as the bank statements from, checks written for $1,000 or more on, andPage: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
Last modified: May 25, 2011