Opinion
14486-20
03-16-2023
KKMK CORPORATION, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Mark V. Holmes Judge
This case was on the Court's April 4, 2022 trial calendar for Los Angeles, California, and is mostly about substantiation. It arises from KKMK's 2016 tax year, but the company was also being audited for its 2017 and 2018 tax years. The parties recently reported that respondent has issued a notice of deficiency for the later years. Both expect to consolidate all the years when issue is joined, and they still hope to settle all years at IRS AO.
It remains reasonable to keep this case on a long-term status-report track, and it is
ORDERED that on or before May 26, 2023 the parties shall file a status report to describe their progress in settling all three tax years or narrowing the issues to be tried in this case.