More neglected perhaps than any other area of tax law that comes to the attention of the practicing lawyer is the taxability of damages. Damages, of course, represent the largest class of relief sought in the courts. This discussion will be limited to the taxable status of recoveries received from business torts, an area of much controversy today.
Marvin I. Kelner, Taxable Status of Business Tort Recoveries, 5 Clev.-Marshall L. Rev. 93 (1956)