- 3 - friend in Sacramento", California. Petitioner and Mr. Bakos planned to develop a ranch that belonged to Mr. Bakos' father into a public golf course. The development of the golf course at the ranch "did not pan out." Petitioner's primary client for the year at issue was a company named RO-TILE Roofing Co. (Ro-Tile). Of petitioner's total gross receipts of $24,838 for the year reported on Schedule C, Ro-Tile paid $23,186 to him for services that included accounting, financial analysis, document drafting, court appearances, and repairing a kiln. Petitioners also reported, on Schedule A of their return, $3,780 in interest income from Ro-Tile. Other clients paid another $1,652 to petitioner for his services. Petitioner maintained an office in his home in Yuba City for his consulting business. Ro-Tile was located in Lodi, California, south of Yuba City. Petitioners' home had only one telephone line. Petitioner used the telephone in his home as his business telephone. There was also at least some limited personal use of the home telephone. Petitioners owned both a Ford pickup truck and a Lincoln Continental automobile. Yoeng Yoep Dehr primarily used the Lincoln as her personal vehicle. Petitioner used the truck to drive from his home to and from Ro-Tile and other locations inPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011