Deductibility and Information Reporting of Restitution Payments: Transitional Guidance Issued

Oct 24, 2018   Print PDF

By Claire H. Taylor | Related Practice: Business

The Tax Cuts & Jobs Act made significant changes to the deductibility of certain fines, penalties, and other amounts, including restitution payments. Claire Taylor co-authored an article outlining the changes initiated by the statuteReprinted from the November 2018 issue of ALI CLE’s The Practical Lawyer.