Opinion
16577-17
03-08-2023
STEVEN F. HOAKISON & JUDY C. HOAKISON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Elizabeth Crewson Paris, Judge.
On March 3, 2023, docket entry 45, respondent filed with the Court a Motion for Extension of Time which requests that the Court extend the time within which to file a computation pursuant to Rule 155 of the Tax Court Rules of Practice and Procedure.
On December 5, 2022, docket entry 44, the Court issued a Memorandum Opinion (T.C. Memo. 2022-117), which states that a decision will be entered under Rule 155. The parties agree with most of the newly calculated adjustments but disagree as to the adjustments for Schedule F Depreciation and Section 179 Expenses. The parties believe this disagreement can be resolved between themselves and request additional time to discuss these issues. Additionally, respondent's Motion indicates that petitioner's counsel does not object to the granting of this motion and believes the requested extension is warranted.
After due consideration, and for cause, it is
ORDERED that respondent's Motion for Extension of Time, filed March 3, 2023, docket entry 45, is granted in that the time within which the parties shall file computations for entry of decision under Tax Court Rule 155 is extended to May 8, 2023.