When: Wednesday, February 15, 2012 ~ 4 p.m. — 6:15 p.m.
Where: Tavistock Country Club ~ Haddonfield
This comprehensive program will focus in on and explore practical strategies for dealing with the important tax aspects of personal injury and employment awards and review the many traps for the unwary.
Confusion and litigation abound relative to the taxability of damages for personal injuries or sickness; damages for non-physical injuries such as gender and age discrimination or in harassment cases; punitive damages; interest on deferred awards payouts; tax issues in structured settlements; tax issues differing from state to state’ and many other “clear as mud” issues. In some cases personal injury lawsuit awards and settlements can be wholly or partially tax-free. In others, they can be fully taxable. Additionally, injury victims can wind up paying income tax on money that goes to their attorneys.
Many clients may not understand any of this but it is necessary and important that attorneys have a clear understanding of these issues to properly advise their clients. This seminar will give practitioners the answers to these and other important questions.