Hondo, Inc. v. Comm'r of Internal Revenue

Full title: HONDO, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Court: United States Tax Court

Date published: Mar 28, 2023

No. 22632-21 (U.S.T.C. Mar. 28, 2023)

Opinion

22632-21

03-28-2023

HONDO, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Elizabeth Crewson Paris Judge

ORDER

Elizabeth Crewson Paris Judge

This case is calendared for trial at the April 17, 2023, Dallas, Texas Trial Session of the Court.

On March 27, 2023, docket entry 15, the parties filed with the Court a Joint Status Report which indicates that the parties have reached a basis for settlement in this case. Respondent's counsel submitted computations based on the settlement to the IRS's Tax Computation Specialist and therefore request forty-five (45) days to finalize the settlement, receive computations back and execute a decision document based on the computations.

After due consideration, it is

ORDERED that jurisdiction of this case is retained by this Division of the Court until further notice. It is further

ORDERED that this case is stricken for trial from the April 17, 2023, Dallas, Texas Trial Session, and this case is continued. It is further

ORDERED that, on or before May 12, 2023, the parties shall submit decision documents or file a Joint Status Report with the Court as to the then-present status of this case.