There are many times when one needs to discuss a the effects of a settlement or legal decision with a Florida Tax Lawyer, CPA, or Accountant prior to signing documents.
When possible a tax adviser should be involved early on in a case to make sure that efforts are spend on a tax friendly solution. Obtaining advise to consult with your tax adviser after a successful mediation or settlement often leads to unnecessary tax expenses.
If you are in the early states of litigation, be sure and discuss potential outcomes with your tax adviser to understand the effects on your or your business.
