Category: Tax Law

Settlement Attorney Fees and 1099-MISC: What You Need to Know

Imagine this scenario: you’ve just won a major legal settlement. You’re relieved, ready to move on, but then, a new set of questions hit you—questions about taxes, forms, and most importantly, attorney fees. The 1099-MISC is suddenly in your hands, and you’re not sure how it impacts your taxes, or w...

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