Arlen Spector introduces bills which benefit lawyers and clients
Senator Arlen Spector has introduced two pieces of legislation which evidence his understanding of potentially unreasonable tax consequences involved in personal injury litigation.
The first would prevent lawyers from paying tax on the money they receive as reimbursement of expenses, the second alleviates a plaintiff’s potential tax liability for income he never receives.
Read more about these pieces of legislation here.
(credit John Day of www.dayontorts.com for posting this on his blog)
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