Rescued From the Brink of Insanity: How To Tell Whether Litigation Damages Are Taxable
You’ve just settled a long and arduous lawsuit with a hostile adversary who wouldn’t give an inch. As you are reclining back in your easy-chair and relishing the moment, it suddenly dawns on you, “Must I pay taxes on this award?” This is an important question, yet one that is easy to overlook with the […]