Understanding IRS Forms 1099

Ignore them at your own peril

2024 May

Your settlement agreement and IRS Form 1099

Exceptions to Form 1099 reporting of settlement payments

2025 August

Tax treatment of settlements reached when the case is on appeal

A look at cases that settle after a verdict, either with punitive damages or on which interest is running, with special attention to taxes on the legal fees paid

2025 October

Plaintiffs can still find ways to deduct legal fees from taxable income

No plaintiff believes that it is fair to pay taxes on portions of their recovery paid directly to their lawyer that they never see

The impact of taxes on personal-injury settlements may surprise you

Surprises at tax time like the non-deductibility of attorneys’ contingent fees can cause consternation to plaintiffs

2026 April