1. Home
  2. Browse Decisions
  3. T.C.
  4. 141 T.C.
  5. 141 T.C. 477 (2013)
 

CRESCENT HOLDINGS, LLC v. COMMISSIONER

Docket Nos. 23756-11, 23757-11.

141 T.C. 477 (2013)

CRESCENT HOLDINGS, LLC, ARTHUR W. FIELDS AND JOLEEN H. FIELDS, A PARTNER OTHER THAN THE TAX MATTERS PARTNER, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed December 2, 2013.

Attorney(s) appearing for the Case

James R. Kelley and William T. Ramsey, for petitioners.

Jasper G. Taylor III, Richard L. Hunn, and Michelle A. Spiegel, for intervenor.

W. Benjamin McClendon and Kirk Chaberski, for respondent.

RUWE, Judge:

Respondent issued a notice of final partnership administrative adjustment (FPAA) for the taxable year 2006 and an FPAA for the taxable year 2007 to Crescent Holdings, LLC (Crescent Holdings). Arthur Fields (petitioner), a partner other than the tax matters partner, filed petitions for readjustment of partnership items under section 6226.1 The cases were consolidated for trial, briefing, and opinion.

The issues...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases