Virtual
Taxation of Judgements and Settlements 26-27
Date: Aug. 27, 2026
Time: 10 a.m. – 12:05 p.m. PT
Overview
In the course of legal actions, payments may be made pursuant to a final disposition of a court case or a mutually agreed-upon settlement. This course will cover the tax implications for payments made for personal injury, emotional distress, lost wages, punitive awards, pre- and post-judgement interest, contract claims, among other damages.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Product Code
1000005310-145531
Credit Type
CPE: 2.4CPE-Technical: 2.4Intended Audience
This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.
NASBA Field of Study
Taxes
Level of Difficulty
Basic
Prerequisites
None
Advance Preparation
None
Learning Objectives
Major Subjects
- Types of damages or remedies that can be awarded or agreed upon pursuant to litigation.
- Review of the Internal Revenue Code and regulations governing the taxation of various types of litigation payments.
- Suggestions for drafting pleadings or settlement agreements.
