- 3 - During the years in issue, Mr. Infelise and Mr. Jahoda continued to operate and expand their gambling activities. Mr. Infelise's income from these activities totaled $368,000, $135,000, $110,000, $265,500, and $164,500 in 1983, 1984, 1985, 1986, and 1988, respectively. Mr. Jahoda managed the daily affairs of the business and reported to Mr. Infelise. They employed four men to collect debts and help run the daily operations. During the years in issue, Mrs. Infelise knew that the Internal Revenue Service (IRS) was investigating Mr. Infelise's gambling activities. In 1983, IRS agents searched petitioners' home and seized cash, a radio scanner, and gambling records. In December of 1986, IRS agents investigated Mr. Infelise's gambling activities and raided Mr. Jahoda's home. At a dinner following the raid of Mr. Jahoda's home, Mrs. Infelise was present during a discussion between her husband and Mr. Jahoda relating to the effect the raid would have on the business. During the years at issue, Mrs. Infelise attended many other business and social functions with Mr. Infelise's associates. During the years in issue, petitioners filed joint Federal income tax returns. The income from Mr. Infelise's gambling activities was not reported on these returns. In 1992, Mr. Infelise was convicted for, among other things, the false preparation and filing of Federal income tax returns relating toPage: Previous 1 2 3 4 5 Next
Last modified: May 25, 2011