New Tax Law Quashes Deduction for Some Sexual Harassment Settlements
On January 3, 2018 by Schnader in Labor and EmploymentBy Jo Bennett Payments made pursuant to a confidential settlement of sexual harassment allegations will no longer be a permissible tax deduction for business under a little-noticed provision in the Tax Cuts and Jobs Act. The tax law permits the deduction if the settlement agreement does not contain a non-disclosure […]