Donald Bailey & Sandra M. Bailey

CourtUnited States Tax Court
DecidedMay 10, 2021
Docket5477-14
StatusUnpublished

This text of Donald Bailey & Sandra M. Bailey (Donald Bailey & Sandra M. Bailey) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Donald Bailey & Sandra M. Bailey, (tax 2021).

Opinion

T.C. Memo. 2021-55

UNITED STATES TAX COURT

DONALD BAILEY AND SANDRA M. BAILEY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

DONALD D. BAILEY AND SANDRA M. BAILEY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket Nos. 5477-14, 9393-15.1 Filed May 10, 2021.

Donald D. Bailey and Sandra M. Bailey, pro sese.

Alicia E. Elliott, for respondent.

1 On January 17, 2017, we consolidated these cases for trial, briefing, and opinion.

Served 05/10/21 -2-

[*2] MEMORANDUM FINDINGS OF FACT AND OPINION

PUGH, Judge: In these consolidated cases respondent determined the

following deficiencies, additions to tax, and penalties:2

Docket No. 5477-14 Addition to tax Penalty Year Deficiency sec. 6651(a)(1) sec. 6662(a) 2008 $8,854 --- $1,771 2009 28,513 $7,086 5,703 2010 47,798 5,208 9,560

Docket No. 9393-15 Addition to tax Penalty Year Deficiency sec. 6651(a)(1) sec. 6662(a) 2011 $27,386 $6,869 $5,477 2012 36,507 --- 7,301

After concessions, the issues remaining for decision are whether petitioners

(1) should be relieved from their stipulation of amounts they should have reported

on Schedules E, Supplemental Income and Loss, for the years in issue; (2) are

entitled to deductions claimed on Schedules C, Profit or Loss from Business,

2 Unless otherwise indicated, section references are to the Internal Revenue Code of 1986, as amended, in effect for the years in issue. Rule references are to the Tax Court Rules of Practice and Procedure. All monetary amounts are rounded to the nearest dollar. -3-

[*3] beyond those either allowed in the statutory notices of deficiency or since

conceded by respondent; (3) are entitled to deductions claimed on Schedules A,

Itemized Deductions, beyond those either allowed in the statutory notices of

deficiency or since conceded by respondent; and (4) are liable for the additions to

tax and penalties recomputed in accordance with the stipulation of settlement and

our conclusions in this opinion.

Mrs. Bailey did not appear for trial and was held in default with the

understanding that she would receive the same result as Mr. Bailey after trial. We

therefore refer to Mr. Bailey in discussing the trial proceeding.

FINDINGS OF FACT

Some of the facts have been stipulated and are incorporated in our findings

by this reference. Petitioners resided in Arizona when they filed their petitions in

these cases.

I. Background

A. Mr. Bailey

Mr. Bailey previously was a licensed certified public accountant (C.P.A.).

His accounting practice commenced in approximately 1975. His C.P.A. license

was revoked in 2004. -4-

[*4] During the years in issue Mr. Bailey was an unenrolled tax return preparer.

In each of those years he prepared tax returns for approximately 100 clients in an

office he rented on Broadway Boulevard in Tucson, Arizona (Broadway office).

B. Interradiology

Before and in 2007 Uwe Zink and Gary Skuro owned and operated

Interradiology, LLC (LLC). Mr. Zink and Mr. Skuro were the only two members

of the LLC, and each owned 50%. The LLC elected to be treated as a partnership

for Federal tax purposes.

While they were members of the LLC, Mr. Zink and Mr. Skuro developed a

software program for web hosting medical images that was an asset of the LLC.

In 2007 Mr. Bailey assisted Mr. Zink and Mr. Skuro in creating a new entity,

Interradiology, Inc. (Interradiology). Interradiology was organized under the laws

of Arizona on September 24, 2007, and elected to be treated as an S corporation

for Federal tax purposes. Mr. Bailey prepared and filed Forms 1120S, U.S.

Income Tax Return for an S Corporation, for Interradiology for tax years 2007

through 2012. He held 10% of the shares of Interradiology during tax year 2008

and 20% during tax years 2009 through 2012. -5-

[*5] II. Petitioners’ Tax Returns and Respondent’s Determinations

Mr. Bailey prepared and filed petitioners’ Forms 1040, U.S. Individual

Income Tax Return, for the years in issue. He timely filed their 2008 and 2012

Forms 1040, but he untimely filed their 2009, 2010, and 2011 Forms 1040 on

March 9, 2011, November 29, 2011, and February 19, 2013, respectively. The

2010 and 2011 returns both reported tax due, which the Internal Revenue Service

(IRS or respondent) assessed before the issuance of the notices of deficiency for

those years. On their Forms 1040 petitioners reported total gross income of

$16,881, !$65,899, $54,649, $20,077, and $28,187 for the years in issue,

respectively, which Mr. Bailey calculated by adding together any wages, Schedule

C business income, capital gain, and taxable Social Security benefits, plus the

distributive shares of Interradiology’s income petitioners received during each

year. He offset this income in part with the standard deduction in 2010 and

Schedule A itemized deductions in 2008, 2009, 2011, and 2012 which included

mortgage interest expenses of $9,668, $8,920, $5,075, and $7,000, respectively.

On petitioners’ Schedules C for the years in issue, Mr. Bailey reported gross

profits of $47,650, $64,338, $98,322, $57,952, and $53,152, respectively, and

offset those profits in part with business expense deductions, including rent he -6-

[*6] paid for the Broadway office. Those deductions, which respondent adjusted

in whole or in part, are listed below:

Expense 2008 2009 2010 2011 2012 1 Mortgage interest $22,500 $12,865 $24,437 $7,500 $28,129 Car and truck 8,176 8,046 5,026 8,520 5,550 Depreciation1 --- 18,526 1,763 --- --- Legal and professional services 1,609 9,345 16,926 6,931 6,300

1 These amounts were claimed as “Other” interest on the Schedule C but petitioner alleged during examination that it was “mortgage” interest and respondent used the description “mortgage” interest in the notice of deficiency.

The IRS audited petitioners’ Forms 1040 and Interradiology’s Forms 1120S

for the years in issue. Respondent issued notices of deficiency to petitioners for

tax years 2008, 2009, and 2010 on December 20, 2013 (first notice), and for tax

years 2011 and 2012 on February 9, 2015 (second notice). Respondent adjusted

petitioners’ distributive shares of Interradiology’s income upward in the first

notice by $25,102, $147,121, and $134,860, respectively, and in the second notice

by $123,574 and $142,206, respectively. He reduced their Schedule C deductions

in the first notice by $20,224, $48,782, and $48,152, respectively, and in the

second notice for 2012 by $19,658. Some of the adjustments included -7-

[*7] reclassifying petitioners’ mortgage interest expense deductions as home

mortgage interest expense deductions, so respondent also adjusted the

corresponding Schedule A deductions. The record also includes Forms 1040X,

Amended U.S. Individual Income Tax Return, for the years in issue, dated October

18, 2019, prepared by Mr. Bailey, and at some point signed by petitioners, which

were provided to respondent’s counsel before trial; these amended returns were

not accepted for filing.3

III. Procedural Background

Petitioners timely filed a petition for the first notice on March 11, 2014, and

the second notice on April 9, 2015. Beginning in August 2014 in docket No.

5477-14 and February 2016 in both cases, proceedings were supervised by a Judge

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