2021-06-14 Tax Status of Legal Settlements
This week we look at: IRS publishes Q a A on 2021’s enhanced child and dependent care credit on website Malpractice settlement related to taxpayer’s divorce was taxable to her - and situation made worse to going to Tax Court IRS discusses interaction of depreciation related §481(a) adjustments and computation of ATI through 2021 Copyright 2021, Kaplan Financial Education
