-9- learned that petitioner’s daughter was listed as the owner of the referenced house, which then was assessed at $108,500. Cox did not find at either place the recording of any asset in petitioner’s name. As of November 4, 1994, the Commissioner’s records showed that petitioner owed more than $28,000 in back taxes, interest, and penalties. On that day, petitioner gave Cox some additional financial information, including lien information for the Jeep Wrangler, and Cox informed petitioner that his financial status as reported to Cox allowed petitioner to pay at least $400 per month towards his Federal income tax liability. Petitioner replied that he must not have given Cox all of his actual financial information, as petitioner indicated he was unable to make that minimum payment, and requested additional time to disprove the calculated minimum payment. Later on that day, Cox recorded in his “Investigative History Sheet” (history sheet) his plan of action for the case. His plan stated: discuss case with CID for possible fraud, I believe TP has submitted a fraudulent financial statement with regards to vehicles, Income and possibly Real Property. I also believe that his 30-9312 could also be fraudulent with regards to his dependents and income. TP has $35,000 in vehicles which are free and clear and I don’t see where his financial statements or Income tax returns support this. As of this time, Cox did not believe that he had the requisite firm indication of fraud that would support referring petitioner’s case to CID. Instead, Cox thought, he shouldPage: 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