Opinion
3506-21
04-08-2024
FINANCIAL RSZ CORPORATION, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Mark V. Holmes Judge
This case was on the December 18, 2023 Los Angeles, California trial calendar. We granted a third continuance, because they reported that there was essentially one large issue - a claimed bad-debt deduction -- remaining. They recently reported that they've made continued progress toward, though they haven't achieved, a settlement. It's reasonable to again give the parties a couple more months to see if they can work things out.
It is therefore
ORDERED that on or before June 28, 2024 the parties submit settlement documents or file a status report describing their progress toward settlement or trial.