27 June 2010
Oh media, stop trying to create drama where there is none… Days after the IRS confirmed that some compensatory payments to victims of the Gulf Spill are taxable, the news is filled with sensational headlines implying that this is some kind of evil money grab by the government. Shame on those reporters. What’s happening in [...]
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17 February 2008
Taxpayer asks: Hello and thanks for your anticipated help. I have a question: I am an attorney (solo pracitioner) and last year I settled my first case. I obviously gave the proceeds minus my attorney fees to my client. I received a 1099 from the govt agency that I settled the lawsuit with. Do I [...]
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