Opinion
223-21
03-16-2022
ORDER
Mark V. Holmes Judge
This case is on the Court's April 4, 2022 trial calendar for Los Angeles, California. On March 4, 2022, respondent moved without objection to continue it. We spoke with the parties on March 15 to gauge progress. Petitioners report that the Appeals Office is likely to be able to settle the various substantiation and NOL issues, but that a partnership issue that this case has in common with a related case in the general docket may raise a legal question that has to be litigated. The parties reasonably suggest trying to settle as much as possible at Appeals. They have been cooperating well in informal discovery, so it is
ORDERED that respondent's March 4, 2022 motion for continuance is granted in that this case is stricken from the Court's April 4, 2022 trial calendar. It is also
ORDERED that this division of the Court retains jurisdiction. It is also
ORDERED that on or before June 16, 2022 the parties shall file a status report that briefly describes progress toward settlement at IRS Appeals.