Quantcast

Settlement proceeds are taxable (access required)

By: Correy Stephenson
Published: March 30, 2010

Tags: , , ,

A taxpayer who failed to present evidence that her settlement proceeds were meant to be reimbursement for medical expenses must include the settlement as part of her gross income, the U.S. Tax Court has ruled. The taxpayer filed suit against her former employer, alleging that she was subject to illegal discrimination based on her gender, ...
© Copyright 2012 Lawyers USA. All Rights Reserved.


Comments

You must be logged in to post comments.

Sign-up for alerts

NEW FREE WHITE PAPER: E-Discovery

This FREE e-report brought to you by Lawyers USA contains the latest tips for conducting thorough and successful electronic discovery for your trial in 2012. We’ve analyzed the latest court rulings and trends in e-discovery to help you and your clients avoid sanctions and win your case.

Click here to get your free White Paper today!


FEATURED PODCAST

Baby Boomer lawyers and retirement

Nelson Schwartz from The New York Times recently wrote an article titled, "Easing Out the Gray-Haired. Or Not.," spotlighting the fate of the Baby Boomer generation within law firms. Attorney and co-host Bob Ambrogi welcomes Attorney Valerie C. Samuels, a partner in the firm Posternak Blankstein & Lund LLP and co-chair of the Employment Law Group, and Attorney Roy Ginsburg, to take a look at this generation of baby boomers within law firms, retirement, their fate within the firm, options upon retirement and what this means for law firms: big, small and solo.

Click here to listen to the podcast.

Click here to download the podcast.

Click here for the Podcast archive.