Leo Goldman and Pauline Goldman 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.

• holding that tax expert lacked expertise in the oil and gas industry
• finding taxpayers' reliance on accountant who was also sales representative for investment unreasonable because of inherent conflict of interest
• upholding negligence penalties where expert relied on had “an inherent conflict of interest”
• taxpayer could not reasonably rely on professional advice of someone known to be burdened with an inherent conflict of interest--a sales representative of transaction
• reliance on advice from person who signed the limited partnership agreement at issue as the partnership’s sales representative was unreasonable
• taxpayer could not reasonably rely on professional advice of someone known to be burdened with an inherent conflict of interest—a sales representative of the transaction

Source: CourtListener parenthetical corpus (CC0).