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Robert Wood on Not Losing Your Settlement Money to Taxes

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Alan Olsen

0:00 Intro
2:18 Taxation on lawsuit settlements
5:58 Strategies for handling taxation on legal settlements
6:40 Common mistakes and considerations in legal documentation for tax purposes
7:22 The future of litigation and tax law in the context of COVID19 adjustments
14:18 Attorney fees
17:25 Importance of understanding tax law in legal settlements
21:03 Common mistakes
22:30 The role of documentation in tax treatment of settlements
24:47 The impact of COVID19 on litigation and court backlogs

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