New Angles on Scholarships and Tax Rules
An article outlines how scholarship grants may be taxable income if they serve as compensation for employment services or primarily benefit the sponsoring firm. It cites the Westinghouse example, noting the Supreme Court upheld Treasury limits. It also explains changes to income averaging that now include lottery winnings and wagering gains, affecting 1970 taxes.
MENTIONED IN THIS ARTICLE
Supreme Court
Treasury
Westinghouse Electric
Westinghouse
Third Circuit Court of Appeals
Sixth Circuit Court of Appeals
Jury awards $23,000 in birth injury case from auto crash
A Rhode Island jury awarded Colleen Labree $23,000 for injuries alleged to affect her before birth from her mother's automobile accident in Fall River on February 27, 1964. The suit named Susan L. Vierra of South Attleboro and Yvonne Major of Cumberland as defendants.
MENTIONED IN THIS ARTICLE
Providence
R.I
Superior
Colleen Labree
Francis
Sally Labree
South Attleboro
Mass
Susan L. Vierra
Yvonne Major
Cumberland
B.T. Colleen
Labree
Fall River
Humphrey Warns of Repression After Campus Disruption
Former Vice President Hubert H. Humphrey warned that extremist demonstrations at UMass could trigger repression and stifle dissent. He spoke at St. Mark's Preparatory School after a noisy disruption that forced him to abandon a UMass appearance. University president Lederle urged faculty and students to condemn the disruptions and seek orderly dialogue to avoid violence.
MENTIONED IN THIS ARTICLE
Southboro, Mass
Hubert H. Humphrey
University of Massachusetts
Humphrey
St. Mark’s Preparatory School
St. Mark's
Umass
Amherst
John W. Lederle
Banana Republic
Lederle
Ile
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