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← 21 TC 917 - Lipsitz v. Commissioner

Lipsitz v. Commissioner’s Empirical Analysis

1954

Citation profile

151
cited by 151 later decisions
August 2016
most recently cited

4 federal appellate ·

How this case has been cited

Cited by 151 later decisions — most recently August 2016 · most notably Stratton v. Commissioner (1970), Imburgia v. Commissioner (1954)

4 federal appellate ·

4901954196019701980199020002010decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

Relationships

Relies on Cohan v. Commissioner · Chesbro v. Commissioner · Pennsylvania Co. for Insurances on Lives & Granting Annuities v. Commissioner · Pennsylvania Co. for Ins. etc. v. Commissioner

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 151 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. “And when the increase in net worth is greater than that reported on a taxpayer's returns or is inconsistent with such books or records as are maintained by him, the net worth method is cogent evidence that there is unreported income or that the books and records are inadequate, inaccurate, or false. It is not correct to say that the use of the net worth method is forbidden where the taxpayer presents books from which income can be computed, for the net worth method itself may provide strong evidence that the books are unreliable. * * *”
    9 later decisions quote this exact passage

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.