Opinion
31860-21
03-15-2023
SHERIFF ALARAPE & ADEFUNMILAYO YISAU, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Elizabeth A. Copeland Judge
This case was heard for trial on January 23, 2023, at the Trial Session of the Court in Dallas, Texas, at which time jurisdiction of this case was retained by this Division of the Court.
On March 6, 2023, Respondent filed with the Court a Motion for Entry of Decision. The parties had reached a settlement and verbally stipulated on the record to an income tax deficiency for taxable year 2018 in the amount of $20,946.00, and an accuracy related penalty under I.R.C. § 6662 for taxable year 2018 in the amount of $4,189.00. The parties were ordered to provide decision documents or a status report on or before February 22, 2023. Respondent informed the Court that on January 25, 2023, that a decision document was prepared and sent to Petitioners for signature. Respondent also informed the Court that, as of the date of filing of the motion, petitioners had not returned the signed decision document nor had they been in contact with Respondent in any way. On one occasion after the filing of Respondent's motion the Court was able to reach Petitioner Mr. Sheriff Alarape via telephone, but later Petitioners became non-responsive. As of the date of this Order, the Court has not had further contact with Petitioners.
Upon due consideration, and for cause, it is
ORDERED that respondent's Motion for Entry of Decision, filed with the Court on March 6, 2023, is granted in that it is
ORDERED AND DECIDED that there is a deficiency in income tax due from petitioners for taxable year 2018 in the amount of $20,946.00, and there is a penalty due from petitioners for taxable year 2018 under I.R.C. § 6662(a) in the amount of $4,189.00.