Opinion
2146-21
01-20-2022
Peter L. Bigelow & Diana L. Bigelow Petitioners v. Commissioner of Internal Revenue Respondent
ORDER
Mark V. Holmes Judge
This case is on the March 22, 2022 St. Paul, Minnesota trial calendar, and respondent moved without objection on January 4, 2022 for a continuance. In a call with the parties on January 13 the Court learned that this wasn't a fairly routine unreported income case, but may involve problems with recreating or proving a very large short-term capital loss carryforward. The Bigelows reasonably want to try to settle at IRS Appeals. Because of a backlog in cases at Appeals this may take a while, so it is
ORDERED that respondent's January 4, 2022 motion is granted in that this case is stricken from the Court's March 22, 2022 trial calendar. It is also
ORDERED that this division of the Court retains jurisdiction. It is also
ORDERED that on or before April 13, 2022 respondent shall file a status report to describe the parties' progress toward settlement at IRS Appeals.