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Taxation & Estate Planning

: TaxProf Blog

Wood: Taxing Prisoners Freed From Wrongful Convictions

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Robert W. Wood (Wood & Porter, San Francisco) has published Tax-Free Wrongful Imprisonment Recoveries,130 Tax Notes 961 (Feb. 21, 2011): Although wrongful incarceration and similar recoveries are becoming common and can proceed under several different legal theories, their tax treatment has received relatively little attention. In ILM 201045023, the IRS...

Full post as published by TaxProf Blog on February 25, 2011 (boomark / email).

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