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Wrongful imprisonment taxation

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Uploaded By: mwahlstrom
2 years ago
Description: In this weeks edition of Tax Conversations with Attorney Robert Wood and Mark Wahlstrom, the chairman of LB Network, they continue their topic of how controversial taxable cases are being treated by the IRS. The issue of wrongful imprisonment is in the news almost weekly, but most trial lawyers and tax experts still are uncertain about whether their case or client qualifies for income tax free payments or if their entire award and legal fee are included in their taxable income. This podcast goes into the crucial role that documentation, evidence and types of injury play in allowing your client to argue for tax free treatment. If you have a wrongful imprisonment case this podcast, and supporting article from Tax Notes, is one you can't afford to miss.

Tags: damages taxable taxes wahlstrom wood wrongful imprisonment

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