IRC Sec 104(a) - Non-physical damages

A court has ruled that the provision taxing compensatory awards for damages other than personal physical injury is unconstitutional. They say its not income, so it can't be taxed.

File your claims for refund soon, kiddies. This ends the public service portion of this blog.

Nevermore.

Well, hardly ever.

Imagine champagne & stuff. I have to get to work, but needed to put this up so the robots could find me.