- 23 - account with Texaco P.A.W. Also, petitioner and Ms. Dawson lent her sister and her husband $4,400 for the purchase of a truck. Petitioner also purchased a 28-foot Chris Craft boat for $7,500, paying for it with withdrawals from the joint checking account with Texaco P.A.W. Petitioner and Ms. Dawson paid $6,187.85 to decorate the boat, meeting with the decorator to discuss the decoration. Petitioner also incurred maintenance expenses of over $2,825.29 with respect to the boat in 1988. Petitioner paid yacht club membership and dockage fees of $1,250 with respect to the boat. Significant travel financed by petitioner and Ms. Dawson also occurred during 1988. Petitioner and Ms. Dawson went on a Caribbean cruise. They gave Ms. Dawson’s parents such a cruise costing $1,316 as an anniversary present. Petitioner, Ms. Dawson, and their daughter Audrey went on a vacation costing $1,190 to Disneyland in California. Petitioner and Ms. Dawson gave her sister, her husband, their two daughters, and petitioner’s and Ms. Dawson’s daughter Audrey a vacation costing $2,656 to Disneyland. The fourth factor we consider is whether Ms. Dawson was forthright about the omitted income. Petitioner has not established that Ms. Dawson was evasive concerning her true level of income. We have found that Ms. Dawson did not attempt to hide the income from her embezzlement or her expenditures fromPage: Previous 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Next
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