and how its gonna actually work....
the IRS of course...
http://blog.al.com/live/2010/06/irs_says_it_wants_its_share_of.html
WASHINGTON -- The Internal Revenue Service wants its cut from oil spill victims who receive BP payments for lost wages.
The agency says that under current law, BP payments for lost wages are taxable -- just like the lost wages would have been.
the IRS of course...
http://blog.al.com/live/2010/06/irs_says_it_wants_its_share_of.html
WASHINGTON -- The Internal Revenue Service wants its cut from oil spill victims who receive BP payments for lost wages.
The agency says that under current law, BP payments for lost wages are taxable -- just like the lost wages would have been.