Michael D. Cornwell and Hilary J. Iker - Page 1

                                 T.C. Memo. 2007-294                                  

                               UNITED STATES TAX COURT                                

               MICHAEL D. CORNWELL AND HILARY J. IKER, Petitioners v.                 
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      

               Docket No. 15013-06L.           Filed September 27, 2007.              

               Michael D. Cornwell and Hilary J. Iker, pro se.                        
               Michael W. Tan, for respondent.                                        

                                 MEMORANDUM OPINION                                   

               COHEN, Judge:  This proceeding was commenced in response to            
          three Notices of Determination Concerning Collection Action(s).             
          The issue for decision is whether the settlement officer abused             
          his discretion in determining the amount of an acceptable offer-            
          in-compromise (OIC) by including prior overtime earnings in the             
          calculation of reasonable collection potential (RCP).  Unless               

Page:  1  2  3  4  5  6  7  8  9  10  11  Next 

Last modified: November 10, 2007