The Eagle Eats First

Experienced employment lawyers know that getting both sides to say "yes" to settlement is a complicated task. The 1996 amendments to the tax code eliminating the previous exclusion of emotional harm damages from taxable income complicated the already difficult question of how to maximize the value of limited dollars to encourage settlement. With fewer options to maximize the value of limited settlement dollars, ultimately the tax consequence of the settlement becomes everyone's problem.

7 minute read April 06, 2004 at 08:40 AM
By
Ronald G. Dunn
The Eagle Eats First

Experienced employment lawyers know that getting both sides to say “yes” to settlement is a complicated task.

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