- 4 - Petitioner did not keep a log in the use of his vehicles, nor did he produce any other contemporaneous record of his car and truck expenses, the business use of his vehicles, or parking expenses. Petitioner also claimed expenses in taking clients out for meals. He did not keep contemporaneously prepared records in connection with these expenses. At trial, he claimed $2,694.76 for meals expenses, which he determined using his annual statement from American Express. As previously noted, the credit card statement was not produced at trial. Petitioner’s claimed expenses also included expenses related to playing golf with clients. He maintained a membership at the Cincinnati Athletic Club, for which he paid dues. Petitioner did not keep a record of these client entertainment expenses. Petitioner had a professional relationship with a local union, the United Food and Commercial Workers Union (UFCW), Local 1099. Incident to this relationship, petitioner was allowed membership in the union in order to obtain favorable health insurance coverage for himself and his wife. The union dues were $25 per month, which amounted to $300 a year. Petitioner substantiated only $275 of union dues paid to UFCW Local 1099 during 1995. Petitioner claimed, as business expenses, charitable contributions to various organizations that solicited him at his law office. He stated that he made the contributions “in myPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011