International Automated Systems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : International Automated Systems

IAUS 0.0400

0.0%

Jul 8 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: TEDennis	10/5/2024 7:57:26 PM
	of 7616

Following are excerpts from the Tax Court Attorney's Status Report, filed on 8/15/2024 (on ustaxcourt.gov) **************** 1. As the Court’s Order noted, respondent outlined the following plan to resolve the 200+ cases involving investors in the RaPower3 solar power scheme. 2. As described previously, respondent has separated petitioners into three categories: (1) those who have already expressed interest in conceding – approximately 61 cases; (2) those who have adjustments relating only to the solar lens depreciation and credit issues – approximately 42 cases; and (3) those who have adjustments in addition to the solar lens depreciation and credit issues – approximately 100 cases. 3. To date, respondent has sent settlement documents to petitioners in all of group 1 and very nearly all of group 2. 4. Respondent has continued to file signed decision documents in cases as they are received. To date, the Court has entered decisions in approximately 26 of these cases. ******** 10. As an unexpected quantity of correspondence packages have continued to be returned to respondent by USPS due to petitioner relocation, respondent proceeded to take extensive measures to ensure that the multiple sources of address information available to respondent, including that information provided by petitioners to the Court, correspond with each other. Respondent had previously relied upon the petitioners’ continuing duty to inform the Court of any change of address. 11. Respondent continues to work these cases in the most efficient manner possible given the scale and complexity of the matter. ********* "If it sounds too good to be true, it probably is." -- IRS Sure is a pretty day. TED

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next