- 5 - (Campos Horses), had about 15 to 20 full-time clients, with 3 of them engaging in breeding or training as a business. When petitioner first became a client of Campos Horses, he owned a breeding stallion and was breeding paint horses. Petitioner also took riding lessons from Campos. From January 1, 1995, through December 31, 1996, petitioner was a member of the National Reining Horse Association (Reining Association). Petitioner let his membership expire at the end of 1996. Petitioner was not listed with the Reining Association as a trainer or breeder during the years in issue. In March 2001, petitioner signed a declaration with the Reining Association stating that he had not trained or assisted in training for remuneration for the prior 5 years. Neither petitioner nor M&S was listed with the Reining Association as having collected any lifetime earnings or points from Reining Association approved shows. Petitioner’s daughter, however, has ridden horses in reining competitions in the youth categories. Petitioner’s daughter earned $4.81 in lifetime earnings and 18.50 points in Reining Association approved shows as of December 31, 2002. Petitioner’s Business Records Petitioner maintained his business records using the computer software program known as Quicken. Petitioner created with the Quicken program a list of expenses for the years in issue. Petitioner did not maintain records of any bills fromPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011