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The U.S. Tax Court has held that payments received by a police detective on his retirement — for unused sick and vacation time — were includible in income. Based on that conclusion, the court rejected the taxpayer’s argument that a portion of the vacation time...

It’s a fair question to ask … why should employers provide paid sick leave? As noted by President Obama in his recent State of the Union Address, not every employer does. According to the Bureau of Labor Statistics, 73 percent of U.S. employers provide paid sick leave...