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Essay text:
In additional, they abandoned an unprofitable method- in a manner consistent with intent to improve profitability (i.e., determining that the Skipper W bloodline would be more profitable).
? The expertise of the taxpayer or his advisers
Ms. Wilson had significant experience training horses and petitioners consulted with experts relating to the caring, feeding, and training of horses. In addition, petitioners regularly consulted with their accountant with respect to the activity's books and records.
? The time and effort expended by the taxpayer in carrying on the activity
Petitioners, along side their law enforcement careers, devoted considerable time to, and handled all material aspects, of the activity...
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