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Home > Federal Tax Update Podcast > 2021-06-14 Tax Status of Legal Settlements
Podcast: Federal Tax Update Podcast
Episode:

2021-06-14 Tax Status of Legal Settlements
Category: Business
Duration: 00:41:19
Publish Date: 2021-06-13 22:44:59
Description:

This week we look at:

  • IRS publishes Q & 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

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