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Schwartz), Frank and Katherine’s cardiologist during the years in
issue, does not indicate that he advised them not to work during
those years. Rather, his records indicate that, during those
years, he recommended they undertake exercise and weight
reduction programs. Indeed, Katherine continued her palmistry
business after the period petitioners allege she was retired even
though, from Dr. Schwartz’s records, it appears she was
experiencing more severe medical problems in the later years than
she had experienced during the earlier years. The record
reveals, furthermore, that, during the years in issue, Frank and
Katherine went on gambling junkets with other family members, and
he went fishing, performed jobs around his home, and assisted
Larry and Ronnie in remodeling their properties.
Other than petitioners’ self-serving statements, there is no
support in the record for petitioners’ contention that Katherine
was retired from her palmistry business during 1986 through
August 1990. Baptiste’s testimony reveals that he merely assumed
that Katherine was retired during that period because she did not
furnish to him records of receipts for the preparation of their
tax returns. In her deposition, Katherine never testified that
she had ever retired from her business. Indeed, her testimony
shows that she was conducting readings during 1986, one of the
years petitioners’ contend she was retired. Furthermore, Lisa
Ruby’s testimony supports a finding that Katherine continued to
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