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i appreciate your feedback,but think you have missed my point. again, the lump sum settlemnt creates a tax consequence. a substantial one at that, never looked for a free ride on my taxes. i just don't think i should be paying the increase in tax exposure....i didn't create this occurence, my...
maybe i'm being narrow minded...that's has happened before.....
so, the economist shows that i have been damaged by my employer to the tune of say 1,000,000 that would be based on say 10 years at 100,000 per year. so, the court agrees.... my point and center of my question is...that yes i...
ok...thanks for the responses! much appreciated. i'm not yet under written contract with an attorney. the attorney that i'm discussing my case is evasive about the tax and legal expense questions? his simple commnet is that he is not a cpa and can not give tax advise etc. i respect his...
What is the name of your state? ca
ok, so i settle or win a case in court. fyi..breach of contract or wrongful termination.. am i exposed for paying taxes on the total award? to be specific......if i have a continigency with an attorney is he paid his fee and associated costs seperate from my...
What is the name of your state? CA
ok, so i win a wrongful termination or breach of contract case and realize a lump sum settlemnt based on future years lost earnings. i realize that there will be consideration of dollar value etc. my questions are:
will the settlemnt be increased to off set...
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