Legal Opinion
Yoon v. Commissioner
Court of Appeals for the Fifth Circuit
Decided March 6, 1998No. 97-60252PublishedCited by 20 opinions
1Opinion of the Court
REYNALDO G. GARZA, Circuit Judge:
The Internal Revenue Service (“IRS”) used the net worth plus personal living expenses method to determine the Yoons’ unreported income. The Tax Court modified this determination in part, and sustained it in part. The Yoons claim error in the determination of their nondeductible personal living expenses, and in the Tax Court’s refusal to reduce their opening net worth by the amount of certain credit card liabilities. We find that the Tax Court did not err in the determination of the Yoons’ nondeduetible personal living expenses. We do find error, however, in…
2Cases cited14 opinions
- Holland v. United StatesSupreme Court of the United States · 1955
- United States v. JanisSupreme Court of the United States · 1976
- Helvering v. TaylorSupreme Court of the United States · 1935
- Bolen Webb and Cornelia Webb v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1968
- United States v. MasseiSupreme Court of the United States · 1958
9 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- The Universal Church v. Robert L. Geltzer, as Trustee of the Estate of Darnelle BoisrondCourt of Appeals for the Second Circuit · 2006
- Clark v. State Board of Tax CommissionersIndiana Tax Court · 1998
- Charles Reynolds and Beatrice Reynolds v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2002
- Estate of Lisle v. CommissionerCourt of Appeals for the Fifth Circuit · 2003
- In re WylyUnited States Bankruptcy Court, N.D. Texas · 2016
15 more not listed; retrieve them via the Exa API.