Will Your Client Be Taxed on Your (Contingency) Fees?

Contingency fee lawyers should be aware that, in some circumstances, their clients may have to pay taxes on money awarded but paid to the lawyer -- and not the client.

The St. Louis accounting firm Anders Minkler & Diehl LLP has just circulated a nice article on this issue. You can read it here: http://www.bizactions.com/n.cfm/page/e100/key/214451915G2159J2845566P36P3925T1/