INDIANAPOLIS — The industry is seeing a dramatic increase in recovery agents being harmed — or worse, killed — while securing the collateral of their clients. Unfortunately, lenders unknowingly ...
A taxpayer who won a recovery of backpay and paid his attorneys on a contingency fee basis must include the contingency payment figure in his gross income for tax purposes, the 2nd Circuit has ruled ...
Geochang County in South Gyeongsang Province is facing ongoing controversy over the appropriateness of executing contingency ...
The Trump administration informed a Rhode Island federal judge on Monday that it would draw on contingency funds to pay 50% of Supplemental Nutrition Assistance Program (SNAP) benefits for November, ...
A contingency fee or contingent fee is common in personal injury lawsuits, because those cases usually involve a monetary value. There is a settlement or a judgment that can be anticipated, and the ...
Tax Considerations for Contingent Interest and Convertible Debt in Cross-Border Lending Transactions
The treatment of contingent interest and convertible debt in cross-border payment transactions is subject to several provisions of the Internal Revenue Code.[1] To add confusion to the already ...
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