Atty Owes Tax On Litigation Support Payments, Tax Court Says
By Amy Lee Rosen · May 28, 2020, 8:33 PM EDT
An Illinois attorney's litigation support payments were not nontaxable loans because there was no obligation to actually repay them, the U.S. Tax Court said Thursday in upholding $600,000 in tax deficiencies...
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login