Halling v. Commissioner

1968 T.C. Memo. 232, 27 T.C.M. 1151, 1968 Tax Ct. Memo LEXIS 66
CourtUnited States Tax Court
DecidedOctober 8, 1968
DocketDocket No. 6710-66
StatusUnpublished

This text of 1968 T.C. Memo. 232 (Halling v. Commissioner) 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.

Bluebook
Halling v. Commissioner, 1968 T.C. Memo. 232, 27 T.C.M. 1151, 1968 Tax Ct. Memo LEXIS 66 (tax 1968).

Opinion

Alfred W. Halling and Opal L. Halling v. Commissioner.
Halling v. Commissioner
Docket No. 6710-66
United States Tax Court
T.C. Memo 1968-232; 1968 Tax Ct. Memo LEXIS 66; 27 T.C.M. (CCH) 1151; T.C.M. (RIA) 68232;
October 8, 1968. Filed
Cyrus A. Johnson, Suite 800, 455 Capitol Mall Bldg., Sacramento, Calif., for the petitioners. Gordon B. Cutler, for the respondent.

WITHEY

Memorandum Findings of Fact and Opinion

WITHEY, Judge: The Commissioner has determined deficiencies and additions to tax in the income taxes of petitioners for the following years in the respective amounts set forth below:

*10 Addition to tax
YearDeficiencySec. 6651(a)Sec. 6653(a)
1958$965.47$1,328.73$265.75
1960911.772,069.97413.99
1961351.35872.56174.51
1962338.701,216.95243.39
1963579.86144.96

All issues raised by the pleadings have been received by stipulation of the parties with the exception of (1) the additions to tax for each year for failure of the taxpayers to file timely*67 income tax returns and (2) the additions to tax for 1958, 1960, 1961, and 1962 on the ground that the underpayment of tax for each year was due to petitioners' negligence or intentional disregard of the respondent's rules and regulations.

Findings of Fact

Such facts as have been stipulated are found accordingly.

At all times material, petitioners were husband and wife. As of December 27, 1966, the date the petition herein was filed, petitioners' legal residence was Redding, California. Alfred W. Halling hereinafter is called "petitioner."

Petitioners filed their joint Federal income tax returns for each of the taxable years 1958 through 1963 with the district director of internal revenue, San Francisco, California. on March 26, 1965.

Pursuant to petitioner's request by letter dated May 9, 1960, the district director granted to petitioner an extension of time within which to file his Federal income tax return for the taxable year 1959 to June 15, 1960. Petitioners also filed an application for extension of time for filing Federal income tax returns dated April 14, 1962, requesting an extension of time within which to file their income tax returns for the taxable year 1961*68 to June 15, 1962.

In 1948, petitioner was approximately 45 years old.

Since August, 1948, petitioner has owned and operated a retail jewelry store in Redding known as "Halling Jeweler." In August, 1957, he opened a separate discount store, also in Redding, known as "Buyer's Associates." The latter store had financial problems and was closed by petitioner in April, 1959. Thereafter, he returned to a one-store operation.

At about the time petitioner opened his jewelry store, he retained Chester A. Nelson (hereinafter called Nelson) as his accountant. Nelson performed bookkeeping services for petitioner and prepared his State and Federal tax returns and also prepared declarations of estimated tax for petitioner.

Although Nelson maintained petitioner's books of account and records in a current condition, petitioner usually was slow in furnishing him year-end figures for inventory, bad debts, and accounts receivable. Consequently, Nelson for some years was forced to secure extensions of time for the filing of petitioner's income tax returns.

When petitioner opened Buyer's Associates, Nelson advised him to keep separate records for the two businesses. Petitioner followed this advice*69 except for records of inter-store merchandise transfers. Consequently Nelson was unable to separately determine the profits or losses of each of the businesses.

Sometime in 1958, Nelson discontinued his accounting services for petitioner. His reasons therefor were that the commingling of the merchandise of the two businesses was creating so complex a bookkeeping and accounting situation that he was dissatisfied with the ways things were going and that petitioner owed him a little money and the account was delinquent.

After discontinuing his accounting services, Nelson did no work for petitioner in 1959 and did not secure or arrange for the extension for filing of petitioner's 1959 income tax return.

Either in 1958 or 1959, a fire occurred in one of petitioner's business establishments which destroyed some of his business records. The exact time of such fire and the extent to which such records were damaged are not otherwise disclosed in this record.

In April 1960, as a result of petitioner's financial problems in respect of his discount 1153 business, he consulted an attorney. On April 14, 1960, pursuant to advice of his attorney, he filed a petition in proceedings for*70 arrangement under Chapter XI of the United States Bankruptcy Act. The proceedings terminated in May 1964 upon petitioner's final satisfaction of debts owing to his unsecured creditors (whose claims totaled approximately $40,000).

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Bluebook (online)
1968 T.C. Memo. 232, 27 T.C.M. 1151, 1968 Tax Ct. Memo LEXIS 66, Counsel Stack Legal Research, https://law.counselstack.com/opinion/halling-v-commissioner-tax-1968.