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Blog Author: Shana Valenta

Taxability of Legal court Awards and Settlements

Legal issues for businesses can often end in either a settlement or money awarded to a company or the person filing the lawsuit. You can also get money awarded to

Don’t lose out on corporate expenses paid by business owners

Personally Paying for Corporate Expenses Often Nondeductible Owners and Shareholders of closely held businesses and other corporations can sometimes find themselves covering expenses on behalf of their corporation. If these