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Section 104(a)(2) of the Internal Revenue Code excludes from gross income "the amount of any damages received . . . on account of personal injury or sickness." Originally enacted in 1918, the provision is almost as old as the modem federal income tax…

The infield fly rule can best be understood by considering its purpose: "[t]o prevent the defense from making a double play by subterfuge, at a time when the offense is helpless to prevent it, rather than by skill and speed." One of the more blatant…
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