Episode 13 - Cantor Fitzgerald v. Commissioner

After the 9/11 Terror Attacks, millions of dollars in business aid flowed from various government agencies.

This case walks us through some of the more common arguments of what is taxable and not taxable income - even when it was in the form of disaster relief grants.

We also work through some of the other common types of ways people receive cash but don't have to include it in income.