small tax case

Definition of "small tax case"
  1. 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
How to use "small tax case" in a sentence
  1. Since the dispute with the Internal Revenue Service was under $50,000, they were able to take it to a small tax case.
  2. The taxpayers chose to use the simplified procedures in a small tax case, understanding that they would not retain the right to appeal.
  3. When their tax dispute didn't exceed $50,000, the party decided to elect it as a small tax case for easier resolution.

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