This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...
You must have a membership to view this page.

Verdicts

May 3, 2008

After Ruling, IRS May Look Closer at Awards to Plaintiffs

Plaintiffs who take home awards for emotional distress could be under increased scrutiny from the Internal Revenue Service following the conclusion of a much-watched tax dispute last week, lawyers familiar with the case said.

By Nicolas Taborek
Daily Journal Staff Writer
This article appears on Page 1 of Verdicts & Settlements

      LOS ANGELES - Plaintiffs who take home awards for emotional distress could be under increased scrutiny from the Internal Revenue Service following the conclusion of a much-watched tax dispute last week, lawyers familiar with the case said.
      The U.S. Supreme Court quietly affir...

To continue reading, please subscribe.
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?

Enewsletter Sign-up