Most defendants issue IRS Forms 1099 for legal settlements. The form may be issued to the lawyer, the client, or both. Frequently, both the client and the lawyer receive a Form 1099 for 100%, making ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

At Solidaire Solicitors, we’ve noticed a significant uptick in the use of these agreements, particularly in March. But what’s ...

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies should consider when working toward a settlement agreement ...

The recent $15 million settlement involving Dollar General has caught the attention of millions of consumers across the United States. This legal agreement stems from a class-action lawsuit that ...