Legal Settlements and Judgments

    We are known as the "go to" lawyers for the tax treatment of legal settlements and judgments nationally. Robert W. Wood is considered the "preeminent authority for tax practitioners on the federal taxation of damages and settlement payments." (Gibbs, Tax Notes, April 18, 2005, p. 393.)

    Wood authored BNA's Tax Management Portfolio as well as Taxation of Damage Awards and Settlement Payments, now in its Fifth Edition (Tax Institute © 2021).

    We represent plaintiffs, defendants, and lawyers nationwide.  We render tax advice as cases are settling, and render tax opinions after cases are resolved. We also form and advise qualified settlement funds; Wood authored the first legal treatise on this subject, Qualified Settlement Funds and Section 468B (Tax Institute).