News2017-08-02T17:38:42-06:00

IRS Issues Favorable Ruling on Wrongful Life Claims

Arcadia Structured Settlement Consultant John McCulloch, in conjunction with Randy Levine of Sage Settlement Consulting and the National Structured Settlements Trade Association (NSSTA), have successfully obtained a favorable Private Letter Ruling from the Internal Revenue Service on the taxability of wrongful life cases.

October 16th, 2019|

Tax Cut and Jobs Act on Claims Settlements

The Tax Cut and Jobs Act of 2017 (the "Act") was signed into law by President Trump on December 22, 2017 and contains some of the most sweeping tax changes to the Internal Revenue Code seen in decades. While these changes have no direct impact on structured settlements or the taxation of most types of claims, there are a number of changes that have a significant impact on defendants and plaintiffs. Arcadia's John McCulloch explains.

August 9th, 2018|
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