There is a short provision on the new tax reform bill that was just enacted which might impact how employees settle sexual harassment claims. According to section 13307 of TCJA, there...
Paying taxes for plaintiffs win or lawsuit settlements can be a little surprising for some people. Reality hits when tax season comes and the IRS Forms 1099 arrives in the mail. This...
Numerous offended parties win or settle a lawsuit and are astounded they need to pay tax. Some don't understand it until the time the next year when IRS Forms 1099 land via the...
Posted by YourIRSTaxAdvocate.com on 10/23/2019
What Is The ‘Fair Debt Collection Practices Act’?The Act is a federal law that restricts the character and acts of the third party debt collectors that are trying to receive...
Posted by YourIRSTaxAdvocate.com on 04/11/2019
A tax bill was passed in 12-2017 which makes deduction in financial settlement in legal issues that has to do with sexual harassment outlawed This law shields individuals and...
The Fair Debt Collection Practices Act is a federal law enacted in 1977 that legally protects borrowers against the collection of unjust, threatening and unfair debts by third-party...
Posted by J.R.'S TAX SERVICE on 04/09/2019
The tax reform bill implemented in December 2017 forbids deductions for hush cash settlements in sexual harassment cases. This is also called a Weinstein tax; it keeps people and organizations...
Take two highly controversial issues - the #MeToo movement and President Trump’s policies (not to mention inflammatory , often questionable tweets), and what do we have? Another...
Posted by Jakusovas & Company on 09/24/2018
The tax change law goes in December 2017 forbids impose derivations for quiet cash repayments in lewd behavior cases. Marked a 'Weinstein Tax,' it keeps people and organizations...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 09/14/2018