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	<title>Minnesota Tax Lawyer, Attorney - Regan Tax Law</title>
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	<description>Dedicated to Successfully Resolving Tax Controversies</description>
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		<item>
		<title>Summary of Tax Treatment of Settlements and Verdicts</title>
		<link>http://www.regantaxlaw.com/blog/reporting-withholding-requirements.html</link>
		<comments>http://www.regantaxlaw.com/blog/reporting-withholding-requirements.html#comments</comments>
		<pubDate>Wed, 01 Sep 2010 03:09:53 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

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		<description><![CDATA[This is the eighth in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. The chart below summarizes the taxable nature of a variety of settlements and verdicts. Damage Award Taxable? Exceptions Relevant Case Law / Statute Physical Injury / Illness No Taxable if not recovered for a tort or tort [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fee Shifting Statutes &#8211; Are Awarded Attorney Fees Taxable?</title>
		<link>http://www.regantaxlaw.com/blog/fee-shifting-statutes-awarded-attorney-fees-taxable.html</link>
		<comments>http://www.regantaxlaw.com/blog/fee-shifting-statutes-awarded-attorney-fees-taxable.html#comments</comments>
		<pubDate>Wed, 25 Aug 2010 02:37:27 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

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		<description><![CDATA[This is the seventh in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article addresses the question of whether the fact that attorney fees are provided for by a statute has any affect on including these fees in plaintiff&#8217;s gross income. United States Supreme Court. The Supreme Court in [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/fee-shifting-statutes-awarded-attorney-fees-taxable.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deducting Attorney Fees &#8220;Below the Line.&#8221;</title>
		<link>http://www.regantaxlaw.com/blog/deducting-attorney-fees-line.html</link>
		<comments>http://www.regantaxlaw.com/blog/deducting-attorney-fees-line.html#comments</comments>
		<pubDate>Tue, 17 Aug 2010 23:26:12 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/?p=58</guid>
		<description><![CDATA[This is the sixth in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article explains when and how the cost of attorneys fees may be deducted &#8220;below the line.&#8221; For cases not covered by IRC Section 62(a)(20) the United States Supreme Court determined, in Commissioner v. Banks, 125 S.Ct. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Deducting Attorney Fees From the Award &#8211; Above the Line</title>
		<link>http://www.regantaxlaw.com/blog/deducting-attorney-fees-award-line.html</link>
		<comments>http://www.regantaxlaw.com/blog/deducting-attorney-fees-award-line.html#comments</comments>
		<pubDate>Tue, 10 Aug 2010 23:10:52 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/?p=57</guid>
		<description><![CDATA[This is the fifth in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article presents situations when the the expense of attorneys fees may be deducted &#8220;above the line.&#8221; Deducting Attorney Fees &#8220;Above the Line.&#8221; The American Jobs Creation Act of 2004, Section 703, amended Internal Revenue Code, Section [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Contingent Attorney Fees as Gross Income</title>
		<link>http://www.regantaxlaw.com/blog/attorney-fees-gross-income.html</link>
		<comments>http://www.regantaxlaw.com/blog/attorney-fees-gross-income.html#comments</comments>
		<pubDate>Tue, 03 Aug 2010 22:47:46 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

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		<description><![CDATA[This is the fourth in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article explains why an award of attorneys fees is included in a taxpayer&#8217;s gross income. Gross Income and Anticipatory Assignment. The Internal Revenue Code defines &#8220;gross income&#8221; broadly to include all economic gains not otherwise exempted. [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Protecting the Character of a Settlement or Verdict.</title>
		<link>http://www.regantaxlaw.com/blog/protecting-character-settlement-verdict.html</link>
		<comments>http://www.regantaxlaw.com/blog/protecting-character-settlement-verdict.html#comments</comments>
		<pubDate>Tue, 27 Jul 2010 22:35:37 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

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		<description><![CDATA[This is the third in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article identifies some of the things you can do to protect the character of the award. Allocate Damages. If a settlement agreement allocates the settlement payment among items taxable as ordinary income, items taxable as a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Exclusion from Gross Income under IRC Section 104(a)(2).</title>
		<link>http://www.regantaxlaw.com/blog/exclusion-gross-income-irc-section-104a2.html</link>
		<comments>http://www.regantaxlaw.com/blog/exclusion-gross-income-irc-section-104a2.html#comments</comments>
		<pubDate>Mon, 19 Jul 2010 22:14:55 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

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		<description><![CDATA[This is the second in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. This article addresses the amounts that can be excluded from gross income. Amounts Excluded. Internal Revenue Code Section 104(a)(2) excludes from gross income compensatory damages: 1. Received through prosecution of a legal suit or action or through [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Settlements and Verdicts as Gross Income</title>
		<link>http://www.regantaxlaw.com/blog/settlements-verdict-gross-income.html</link>
		<comments>http://www.regantaxlaw.com/blog/settlements-verdict-gross-income.html#comments</comments>
		<pubDate>Mon, 12 Jul 2010 21:32:12 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Settlements and Verdicts]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/settlements-verdict-gross-income.html</guid>
		<description><![CDATA[This is the first in a series of articles on issues surrounding the Taxation of Settlements and Verdicts. The article addresses the initial question of whether these amounts are included in gross income. General Rule. The proceeds from a settlement or verdict are part of the taxpayer&#8217;s gross income, unless the taxpayer can prove that [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/settlements-verdict-gross-income.html/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Penalties And Interest For Late Deposits, Late Filing, And Late Payment</title>
		<link>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iv.html</link>
		<comments>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iv.html#comments</comments>
		<pubDate>Tue, 06 Jul 2010 02:36:42 +0000</pubDate>
		<dc:creator>Ben Wagner</dc:creator>
				<category><![CDATA[Employment Taxes]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iv.html</guid>
		<description><![CDATA[This is the fourth post in the Employment Tax Law series.  This series is dedicated to presenting individuals, sole proprietorships, and small to large businesses with a basic understanding of employment taxes, including the risks and responsibilities associated with those taxes.     Deposit penalties occur when the taxpayer fails to make timely deposits, the timely deposits are made for [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iv.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Formatting Form 941 And Making Tax Deposits</title>
		<link>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iii.html</link>
		<comments>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iii.html#comments</comments>
		<pubDate>Wed, 30 Jun 2010 02:30:50 +0000</pubDate>
		<dc:creator>Ben Wagner</dc:creator>
				<category><![CDATA[Employment Taxes]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iii.html</guid>
		<description><![CDATA[ This is the third post in the Employment Tax Law series.  This series is dedicated to presenting individuals, sole proprietorships, and small to large businesses with a basic understanding of employment taxes, including the risks and responsibilities associated with those taxes.     It is important that taxpayers make sure the correct Employer Identification Number (E.I.N.) is used for each Form [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-iii.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Taxpayers&#8217; Obligations For Filing A Form 941</title>
		<link>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-ii.html</link>
		<comments>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-ii.html#comments</comments>
		<pubDate>Wed, 23 Jun 2010 02:25:27 +0000</pubDate>
		<dc:creator>Ben Wagner</dc:creator>
				<category><![CDATA[Employment Taxes]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-ii.html</guid>
		<description><![CDATA[This is the second post in the Employment Tax Law series.  This series is dedicated to presenting individuals, sole proprietorships, and small to large businesses with a basic understanding of employment taxes, including the risks and responsibilities associated with those taxes.    After a taxpayer files its first Form 941, it MUST continue to file quarterly returns, even if the [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part-ii.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>An Introduction To The Employer&#8217;s Quarterly Federal Tax Return: Form 941</title>
		<link>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part.html</link>
		<comments>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part.html#comments</comments>
		<pubDate>Wed, 16 Jun 2010 01:59:06 +0000</pubDate>
		<dc:creator>Ben Wagner</dc:creator>
				<category><![CDATA[Employment Taxes]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part.html</guid>
		<description><![CDATA[This is the first post in the Employment Tax Law series.  This series is dedicated to presenting individuals, sole proprietorships, and small to large businesses with a basic understanding of employment taxes, including the risks and responsibilities associated with those taxes.    Federal law requires employers to withhold taxes from your employees’ income. Each time wages are paid, [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/employers-quarterly-federal-tax-return-form-941-part.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Freedom of Information Act (FOIA)</title>
		<link>http://www.regantaxlaw.com/blog/48.html</link>
		<comments>http://www.regantaxlaw.com/blog/48.html#comments</comments>
		<pubDate>Fri, 21 May 2010 03:14:17 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[FOIA and GDPA]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/48.html</guid>
		<description><![CDATA[Much of the information the IRS has collected from or about a taxpayer in an audit or collection situation is available to the taxpayer. This includes the Revenue Agent’s or Revenue Officer’s notes and many of the documents they have collected about the taxpayer. Detailed information about what is available through the FOIA request is [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/48.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taking No Action</title>
		<link>http://www.regantaxlaw.com/blog/47.html</link>
		<comments>http://www.regantaxlaw.com/blog/47.html#comments</comments>
		<pubDate>Fri, 14 May 2010 03:13:16 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Collection Options]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/47.html</guid>
		<description><![CDATA[This is the tenth post in the Collection Options series. This series is dedicated to presenting individuals and businesses with options for dealing with outstanding tax obligations. Taking No Action. Some taxpayers have the option of taking no action to resolve their outstanding tax obligations with the Internal Revenue Service. The IRS has ten years [...]]]></description>
		<wfw:commentRss>http://www.regantaxlaw.com/blog/47.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Innocent Spouse/Separation of Liability/Equitable Relief</title>
		<link>http://www.regantaxlaw.com/blog/45.html</link>
		<comments>http://www.regantaxlaw.com/blog/45.html#comments</comments>
		<pubDate>Fri, 07 May 2010 02:32:07 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Collection Options]]></category>
		<category><![CDATA[Innocent Spouse Relief]]></category>

		<guid isPermaLink="false">http://www.regantaxlaw.com/blog/45.html</guid>
		<description><![CDATA[This is the ninth post in the Collection Options series. This series is dedicated to presenting individuals and businesses with options for dealing with outstanding tax obligations. Innocent Spouse/Separation of Liability/Equitable Relief. IRC 6015. The tax liability on a joint return will often be the result of the conduct of just one of the spouses, [...]]]></description>
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		<slash:comments>0</slash:comments>
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