Joseph B. Durrett, Jr. And Carolyn C. Durrett v. Commissioner of Internal Revenue

How courts have described this case

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

• upholding Tax Court determination that taxpayers lacked profit motive but reversing determination of negligence because taxpayers relied in good faith upon professional tax advice
• affirming denial of motion for leave to amend filed eight days before trial, where no valid reason for delay was given, and granting amendment would have resulted in piecemeal resolution of issues
• “[T]he record adequately establishes that it was reasonable for the Durretts to rely on the advice of these experts.”

Source: CourtListener parenthetical corpus (CC0).