Drazen v. Commissioner
United States Tax Court
Where petitioners changed the method of reporting income from the cash basis to an accrual basis without the prior consent of the respondent, held, petitioners failed to sustain the burden of showing that the cash basis did not clearly and accurately reflect income.
1Opinion of the Court
Michael and Helen S. Drazen, Petitioners, v. Commissioner of Internal Revenue, Respondent. Yale and Sylvia Drazen, Petitioners, v. Commissioner of Internal Revenue, Respondent
Drazen v. Commissioner
Docket Nos. 72584, 72585
United States Tax Court
34 T.C. 1070; 1960 U.S. Tax Ct. LEXIS 68;
September 22, 1960, Filed
Decisions will be entered under Rule 50.
Where petitioners changed the method of reporting income from the cash basis to an accrual basis without the prior consent of the respondent, held, petitioners failed to sustain the burden of showing that the cash basis did not clearly and…
2Cases cited23 opinions
- Beacon Publishing Company, a Kansas Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1955
- Guardian Investment Corporation v. Robert L. Phinney, District Director of Internal RevenueCourt of Appeals for the Fifth Circuit · 1958
- Drazen v. CommissionerUnited States Tax Court · 1960
- The Crosley Corporation v. United StatesCourt of Appeals for the Sixth Circuit · 1956
- United States Industrial Alcohol Co. v. HelveringCourt of Appeals for the Second Circuit · 1943
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