Opinion
12788-23S
05-07-2024
FREDERICK WIN & LILIA WIN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Lewis R. Carluzzo Chief Special Trial Judge
This case for the redetermination of deficiencies is before the Court on the parties' joint motion for continuance, filed April 5, 2024. A hearing was conducted on the motion on May 7, 2024, when the case was recalled from the calendar in New York, New York. Counsel for the parties appeared and were heard. It appears that certain omitted income items referenced in the notice of deficiency are not in dispute. If so, the Court expects that the parties will submit a stipulation of settled issues with respect to those items while settlement discussions are still ongoing with respect to other adjustments. Neither party saw the need for the undersigned to stay involved in the matter at this stage of the proceedings.
Premises considered, and for cause appearing more fully in the transcript of the above-referenced proceedings, it is
ORDERED that the joint motion is granted, and this case is continued generally.