November 25, 2022


Webinar


2 Total CPE Credits

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Taxation of Judgements and Settlements

Learning Objectives

After attending this presentation you will be able to...

  • Obtain a working knowledge of the IRC, Treasury Regulations and case law governing the taxation of litigation payments
  • Distinguish between the different types of damage payments and whether they are taxable to the recipient or deductible by the payor
  • Draft pleadings and agreements to order to allocate the payments among the different categories of damages
  • Advise clients on the most advantageous manner of categorizing settlement payments

Major Topics

The major topics covered in this class include:

  • Types of damages or remedies that can be awarded or agreed upon pursuant to litigation
  • Review of the Internal Revenue Code and regulations governing the taxation of various types of litigation payments
  • Suggestions for drafting pleadings or settlement agreements

CPE Credits Available

2
Total CPE
2
Taxes

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

This course is suitable for Corporate tax and finance personnel, CPAs, CAs EAs, accountants, attorneys and business/financial advisors. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.

Provider

CPA Crossings

This event has ended.