Opinion
5464-19
05-24-2023
RYDER RANCH COMPANY, LLC, ERNEST S. RYDER, TAX MATTERS PARTNER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Mark V. Holmes, Judge
The Court released its opinion in a large group of cases related to this, T.C. Memo. 2021-88 in 2021. Those cases are winding down, and we spoke with the parties in this case on February 10 about how to move ahead. There was consensus that it would benefit from moving to a status-report track to enable the parties to work on settling or narrowing what needs to be tried at IRS Appeals. We had Ordered the parties to file status reports by May 22, 2023. Respondent recently reported that they need a bit more time to do so. It is therefore
ORDERED that the parties file a status report on or before June 23, 2023 describing their progress to settlement or a narrowing of the issues to be tried.