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Consider Tax Implications in Settlement Agreements

When considering settlements, it is also important to consider one of life’s certainties: taxes. A potentially taxable event may occur whenever money changes hands—even in the context of a settlement. See Internal Revenue...more

Trial Attorney Tax Summary for Taxation of Settlements and Damages – Part 2: Punitive Damages

Overview - Part 2 of this series focuses on the payment of punitive damages. One component of the equation focuses on the receipt of punitive damages by a plaintiff. The second part of the equation focuses on the...more

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