- 6 - Chick competed with a McDonalds and a Hardees. Mrs. Owens employed students to work part time, 10 to 15 hours a week. Mrs. Owens wrote checks for utilities in 1989 totaling $16,346.09 on Burger Chick's account. Her children wrote two checks totaling $2,409.83. The combined gross income of Big O Truck Stop, Big O Barbecue, and Burger Chick was between $500,000 and $1 million er year in the years in issue. 5. Petitioners' Supplies Most of petitioners' suppliers deliver once a week. Mr. and Mrs. Owens do not have much storage room at the businesses. They sometimes used their cars to buy supplies and food for their businesses. Walker Meat in Carrolton delivers meat to petitioners once or twice a year. Petitioners go to Walker Meat to get meat at other times. They go to the grocery store to get items such as cheese and mayonnaise when necessary. They usually pay cash for these items. Ms. Feltrinelli sometimes used her car to go to Sam's Club to get pork and barbecue for Big O Barbecue. C. Petitioners' Income Tax Returns Robert H. King (King), a self-employed accountant, prepared Mr. and Mrs. Owens' and Ms. Feltrinelli's 1989 and 1990 income tax returns. The Owens gave King the information he used to prepare their returns. On their Schedules C for 1989 and 1990, Mr. and Mrs. Owens reported that their businesses were "Burger Chick - Vineyard - Towing Service". They did not refer to Big OPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011