Tax
Mar. 31, 2021
Navigating lemon law and consumer settlement tax issues
Should successful plaintiffs pay taxes on legal fees they never receive? It sounds like a silly question, especially in consumer cases where consumer protection statutes give extra protection to plaintiffs, calling for defendants to pay legal fees. Like
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.
Ira Rheingold
Executive Director
National Association of Consumer Advocates
Email: ira@consumeradvocates.org
Should successful plaintiffs pay taxes on legal fees they never receive? It sounds like a silly question, especially in consumer cases where consumer protection statutes give extra protection to plaintiffs, calling for defendants to pay legal fees. Like nearly any other plaintiff who recovers money in any variety of cases, plaintiffs who sue auto manufacturers to enforce their consumer rights under California's Song-Beverly Consumer Warranty Act (Civil Code Sections 1...
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