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Employers frequently ask whether the portion of an employment-related settlement allocated to attorneys’ fees must be treated as wages and subjected to income and employment tax withholding and Form W-2 reporting where a...more
The IRS recently released a memorandum advising taxpayers on the proper tax characterization of attorney’s fee payments in connection with a settlement of or judgment in an employment dispute.
Courts have long held...more
On January 14, 2013, the Delaware Supreme Court affirmed a trial court's denial of attorneys' fees in connection with a corporate waste claim filed against corporate board members for the board's decision to pay certain...more
In the words of The Beatles, “ ‘Cause I’m the Taxman…,” and because it’s almost the filing deadline (April 16 this year), the Taxman is here. Marital and family status, of course, has a big impact on your taxes. So, here are...more
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