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Archive for the ‘Awards/Out of Court’ Category.

How Are Court Awards And Out-Of-Court Settlements Taxed?

Have you ever wondered how damage awards and out of court settlements may be taxed by the IRS?! Awards and settlements are routinely provided for a variety of reasons. For example, a person could receive compensatory and punitive damage payments for personal injury, discrimination or ha...

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Member and Featured Faculty of

Member and Featured Faculty of