Webinar: Taxation of Judgements and Settlements
WB2954 | Course | Basic | Scheduled
Description
In the course of legal actions, payments may be made pursuant to a final disposition of a court case or a mutually agreed-upon settlement. This cours
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.40 | Taxes |
Designed For
This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.
Prerequisites
None
Highlights
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.
Objectives
Obtain a working knowledge of the IRC, Treasury Regulations and case law governing the taxation of litigation payments.
Be able to differentiate between the different types of damage payments and whether they are taxable to the recipient or deductible by the payor.
Be able to draft pleadings and agreements to order to allocate the payments among the different categories of damages.
Have an ability to advise clients on the most advantageous manner of categorizing settlement payments.
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $79.00
- Non-Member (Early Bird)
- $109.00
- Member
- $79.00
- Non-Member
- $109.00