- 39 - Despite her assumption, however, we cannot find that, at the time the returns were signed, petitioner had no reason to know that the reported taxes would not be paid. Petitioner completed courses in accounting, finance, and business law, among others, in the process of earning her bachelor’s degree in business management. She has work experience in a professional capacity, most notably as a loan officer assisting individuals with the completion of their residential mortgage loan applications. Thus, petitioner is neither uneducated nor unsophisticated as to financial matters. Additionally, nothing in the record suggests that Mr. Barrera deceived petitioner or concealed information from her regarding family finances. Although petitioner contends on brief that, after the close of his mortgage brokerage business, Mr. Barrera was paying family living expenses with credit cards without her knowledge, we do not find this indicative of any deceit or concealment on Mr. Barrera’s part, particularly in light of petitioner’s consistent testimony that she never asked Mr. Barrera about family finances because “it was just not * * * [her] concern”, and she never discussed paying bills with Mr. Barrera because “[t]hat was his job, and my job was to raise my children.” Moreover, petitioner admitted in her testimony that, although Mr. Barrera “always lived the life that everything was fine”, she knew things were changing financially by at least 1999.Page: Previous 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 NextLast modified: November 10, 2007