Stephen & Dawn Del Monico - Page 16

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          Dimensions and changes in the way the company was conducting its            
          business.  Furthermore, we simply do not believe that petitioner            
          did not carefully examine his Form W-2 and consider the amount              
          of income he reported on his 1999 Federal income tax return in              
          view of all the changes that occurred with his paychecks during             
          the disputed pay period.                                                    
               Because of the inconsistencies in petitioner’s testimony,              
          we decline to believe him where his testimony conflicts with                
          other testimony or evidence concerning the terms of the work                
          between petitioner and New Dimensions.  We are not required to              
          accept at face value a taxpayer’s self-serving and                          
          uncorroborated testimony, particularly where other and better               
          evidence concerning the point in question is available.  Wood v.            
          Commissioner, 338 F.2d 602, 605 (9th Cir. 1964), affg. 41 T.C.              
          593 (1964); Lewis v. Commissioner, T.C. Memo 1993-635.                      
               We now address the seven factors mentioned above as they               
          relate to the facts in the present case.  As we mentioned above,            
          these seven factors are not weighed equally, but should be                  
          weighed according to their significance in a particular case.               
          Aymes v. Bonelli, supra; Youngs v. Commissioner, supra.  In the             
          present case, we are most influenced by the evidence that has               
          persuaded us that the parties intended to enter into a                      
          principal-independent contractor relationship during the                    
          disputed pay period.                                                        






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