Opinion
10444-21
05-17-2024
CHRIS TAO & MEIQU WU TAO, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Adam B. Landy, Special Trial Judge
This case is calendared for trial at the Los Angeles, California, trial session of the Court scheduled to commence on May 20, 2024.
On April 29, 2024, the Commissioner filed a status report advising the Court that a basis for settlement has been reached. The status report further stated that the parties require 30 days to file a proposed stipulated decision document. On May 16, 2024, the parties filed a stipulation of settled issues stating the terms of settlement which resolves all issues raised in the notice of deficiency.
Upon due consideration of the Commissioner's status report, the parties' stipulation of settled issues, and for cause, it is
ORDERED that this case is stricken from the above-referenced trial session, and the parties are excused from appearing at the calendar call on May 20, 2024. It is further
ORDERED that, on or before June 17, 2024, the parties shall file a proposed stipulated decision or status report (preferably a joint report) to inform the Court of the then-present status of this case. It is further
ORDERED that jurisdiction of this case is retained by the undersigned.