A NACA Tax Initiative Backgrounder on the Tax Treatment of Attorney's Fees

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Recorded On: 08/12/2014

Benjamin Franklin quipped that “nothing can be certain, except death and taxes.” It is surprising, however, that your clients are taxed on the attorney’s fees that you earn while representing them. This webinar will explain why this is the case by looking at attorney’s fees through the lens of tax law.

What You Will Learn

* Explain to your clients why they are currently taxed on your fees
* Understand why the IRS cares about this issue
* Advocate as part of NACA’s Tax Initiative effort to change the current tax treatment of attorney’s fees

Ayalon Eliach

Ayalon Eliach has been working on the NACA Tax Initiative since 2014. Prior to that, he practiced tax law at Roberts & Holland LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City. He holds a JD, cum laude, from Harvard Law School and a BA, summa cum laude, from Yale University. His views on tax law have appeared in various publications, including the New York Times and the NYU Review of Law & Social Change.