Eric Co-Authors Article on Proper Tax Reporting of Client Settlements

In February 2015, various members of the Bar Association of San Francisco’s Solo/Small Firm attorney listserv discussed the issue of proper tax reporting of client settlements held in trust by an attorney.  The issue arises when a law firm receives a settlement payment from a defendant or a defendant’s insurer payable to the law firm in trust for the client, and deposits the settlement payment into the law firm’s Read More