Opinion
7447-20
09-09-2021
Dapex Inc., Petitioner v. Commissioner of Internal Revenue, Respondent
ORDER
Mark V. Holmes Judge
This case was on the Court's May 24, 2021 trial calendar for New York City. The parties jointly moved to continue it, and the Court agreed to do so when we learned that the case features a bank-deposits analysis and wholesale disallowance of expenses for a company that does business in most of the large ports in the country. All agreed that a trip to the IRS Appeals Office, and a highly probable detour back to the Exam function was likely, and that is just what the parties recently reported has occurred. They are working together to make headway in a very large case and reasonably ask to report again in six months. It is therefore
ORDERED that the parties file a joint status report on or before March 3, 2022 to describe their progress toward settlement at IRS Appeals.
1