Webinar: Taxation of Judgements and Settlements
WC130 | 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 course
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
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.
Prerequisites
None
Highlights
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
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
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00