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instructions as to how to perform her duties from Beatrice,
Betsy, or Ben. Baybrook’s salary started at about $15,000 per
year and increased a little over time.
In early 1981, Baybrook also began doing the bookkeeping for
Grossman & Flask. Baybrook spent about 75 percent of her time
doing the bookkeeping for Grossman & Flask. Baybrook was paid by
Parkette; she was not paid by Grossman & Flask. Petitioner
explained to Betsy that, because he was not being paid directly
for his administrative work on behalf of the Sley Corporations,
Parkette’s payment of Baybrook’s entire salary was, in effect, an
indirect way of the Sley Corporations paying for his
administrative work.
Pursuant to her duties for the Sley Corporations, Baybrook
did bank reconciliations, disbursed payroll checks, and prepared
general ledger and payroll quarterly tax returns; she also
prepared checks for paying bills, and prepared summary financial
statements and monthly financial statements. Baybrook created,
among other documents, computerized books of accounts and bank
statements for the investment accounts of Brine Corp., Girard
Holding Co., Inc., and Markette. Baybrook did this work after
discussing it with petitioner, and chose the computer and program
after petitioner approved the purchases. Baybrook did not
prepare any minutes for the Sley Corporations. Baybrook
occasionally prepared corporate correspondence, which generally
was signed by petitioner.
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