Last month, the NCAA imposed major sanctions on the University of Southern California football team because of a lack of institutional control. USC football will lose 30 scholarships, endure a 2-year postseason ban, and have some of its past wins vacated from the record books. USC is appealing the sanctions.

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From Paul Caron, my source for all things tax-and-sports, comes this discussion of whether George Steinbrenner, who died today at 80, saved his heirs $ 600 million in estate taxes by dying in 2010.

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