John Jackson, Yvonne Jackson, Gregory M. Barrow and Timsey Barrow, Cross-Appellees v. Commissioner of Internal Revenue, Cross-Appellant

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “Merely possessing the legal capability to sell . . . by obtaining a license . . . without actual efforts to sell the products[] is insufficient to constitute carrying on a trade or business for purposes of section 162.”
• “[A] presumed expert’s advice concerning the amount of tax owed can be - 65 - [ ] erroneous, and the taxpayer must bear the risk of that error when he fails to comply with a known duty to file a return.”
• “[A] presumed expert’s advice concerning the amount of tax owed can be - 65 - [ ] erroneous, and the taxpayer must bear the risk of that error when he fails to comply with a known duty to file a return.”
• “[A] presumed expert’s advice concerning the amount of tax owed can be - 65 - [ ] erroneous, and the taxpayer must bear the risk of that error when he fails to comply with a known duty to file a return.”

Source: CourtListener parenthetical corpus (CC0).