Tax
Feb. 2, 2016
Did you discuss taxes in your settlement?
You just agreed in principle to settle a big case for your client. Whether you represent the plaintiff or defendant, your client will almost certainly face tax issues. By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
You just agreed in principle to settle a big case for your client, and you are trying to get the deal inked. Whether you represent the plaintiff or the defendant, your client will almost certainly face tax issues. Depending on your role in the case, you may be drawn into them too. The first sign there is a tax issue may be a draft settlement agreement that says something about tax withholding, Forms 1099, or tax indemnity.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In