07.19.07
Faith on Federal Tax Law
Posted in Bar Exam at 5:51 pm by Faith
Under the Tax Code, a “windfall” is considered to be taxable income. While most of us know what constitutes a financial “windfall,” Google defines it as “a large amount of sudden money.” In order to remember it for Bar Exam purposes, I have reduced the definition to this: “money for nothing and chicks for free.”
Yes, that’s right. I’ve been reduced to song lyrics as memory devices. And yes, we’ve got to move those microwave ovens. Just make sure you have the owner’s consent or you will be hit with a larceny charge… or common-law burglary if you do it at night.
Yep. I am SUCH a geek.
LisaBinDaCity said,
July 20, 2007 at 6:22 am
Hey whatever floats your boat