small tax case
- A case in the U.S. Tax Court valued at less than $50,000 at issue, where simplified procedures are selected by the taxpayer and there's no provision for an appeal
- Since the dispute with the Internal Revenue Service was under $50,000, they were able to take it to a small tax case.
- The taxpayers chose to use the simplified procedures in a small tax case, understanding that they would not retain the right to appeal.
- When their tax dispute didn't exceed $50,000, the party decided to elect it as a small tax case for easier resolution.