Opinion
33677-21
08-30-2024
EDGAR F. YOST, III & DEBORAH A. YOST, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Elizabeth A. Copeland Judge.
On August 23, 2024, the parties filed with the Court a Stipulation to Be Bound (Stipulation) by the outcome of two main issues in a related case, Rising Rock Partners, LLC v. Commissioner (Rising) at Docket No. 23614-21. The two issues are defined in the Stipulation as the "Deduction Issue" and the "Valuation Issue." In the Stipulation, the parties agreed that similar issues in this case shall be resolved on the same basis as the Deduction Issue and Valuation Issue resolved by the final decision in Rising, Docket No. 23614-21. The parties will be directed to submit a stipulation regarding the Deduction Issue and the Valuation Issue in this case when the Court enters its decision in Rising, Docket No. 23614-21.
Upon due consideration, it is
ORDERED that the parties shall file a Stipulation of Settled Issues with the Court within 45 days of the Court entering a decision in Rising Rock Partners, LLC v. Commissioner (Docket No. 23614-21). It is further
ORDERED that the parties shall confer and within 60 days of a final decision in Docket No. 23614-21, the parties shall file in this case a status report with either (1) suggested dates for a trial setting for all remaining issues in this case or (2) a request for a conference call with the Court regarding the disposition of the remaining issues.