Taxation of Judgement and Settlements
Date/Time
6/21/2024 - 12/31/2034
12:00 AM - 12:00 AM
12:00 AM - 12:00 AM
Course Registration
Credits
2 Credits
Event Type(s)
Anytime CPE
Event Description
In the course of legal actions, payments may be made pursuant to a final disposition of a court case or a mutually agreed-upon settlement. This course will cover the tax implications for payments made for personal injury, emotional distress, lost wages, punitive awards, pre- and post-judgement interest, contract claims, among other damages.
Objectives:
Obtain a working knowledge of the IRC, Treasury Regulations and case law governing the taxation of litigation payments.
Be able to differentiate between the different types of damage payments and whether they are taxable to the recipient or deductible by the payor.
Be able to draft pleadings and agreements to order to allocate the payments among the different categories of damages.
Have an ability to advise clients on the most advantageous manner of categorizing settlement payments.
Instructor:
Allison McLeod
Fields of Study:
Taxes
Objectives:
Obtain a working knowledge of the IRC, Treasury Regulations and case law governing the taxation of litigation payments.
Be able to differentiate between the different types of damage payments and whether they are taxable to the recipient or deductible by the payor.
Be able to draft pleadings and agreements to order to allocate the payments among the different categories of damages.
Have an ability to advise clients on the most advantageous manner of categorizing settlement payments.
Instructor:
Allison McLeod
Fields of Study:
Taxes
Location
Anytime CPE
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| 6/21/2024 - 12/31/2034 |    |
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