"> Philadelphia Commercial Litigation Lawyers | Contingent Fee Arrangement

Are all attorney fees paid by a contingent fee arrangement taxable to the plaintiff?

Personal injury contingent fees, and those arising from a physical injury such a loss of consortium or wrongful death claims are still non-taxable recoveries. In addition, attorney fees paid pursuant to a contingent fee agreement that arise from allegations of discrimination or other enumerated civil rights violations listed in the American Jobs Creation Act of 2004 are also not includable in the plaintiff’s gross income.