Michael v. Frierdich and Connie J. Frierdich 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.

• explaining that the Tax Court is not required to accept a taxpayer’s testimony as absolute fact
• explaining that the Tax Court is not required to accept a taxpayer's testimony as absolute fact
• finding that the repayment of advances must be unconditional and cannot be contingent on some future event
• treating a taxpayer's explanation of the existence of a loan as plausible but insufficient to establish a bona fide debt
• the statements of an interested party as to his own intentions are not necessarily conclusive even when they are uncontradicted
• factors to consider in deciding whether a bona fide loan exists between related parties

Source: CourtListener parenthetical corpus (CC0).