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Tax Aspects of Civil Litigation

SKU: TAX7400
General Credits
1
Price$50
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Description

This CLE presentation will explain the fundamental federal income tax concepts governing the outcomes of civil litigation. This will include the tax consequences of receiving payments of monetary damages, and limitations on the deductibility of damage payments.

It will also cover some specific statutory provisions that attorneys who practice civil litigation should be familiar with, such as tax-free reinvestment of damage payments, and the deductibility of investment losses due to fraud.

Lecturer Bio

Asher Harris, Esq.

Asher Harris is a tax attorney in Bronx, New York, whose practice includes advising attorneys on the tax aspects of litigation. He has worked extensively with clients who have been the victims of sexual abuse, including recipients of court-ordered restitution payments and individuals who have pursued claims against religious institutions and providers of medical care.

He is a graduate of Columbia College, Columbia School of International and Public Affairs, New York University School of Law, and holds a Ph.D. in Theology from Fordham University. He was formerly a tax attorney in New York, New York, with Skadden, Arps, Slate, Meagher & Flom.

The National Academy of Continuing Legal Education is an Accredited CLE Provider in Illinois. To view our full accreditation details, please click here.


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