[blindlaw] Target suit

[Ford, Tim (CDPH-OLS)]

Having just dealt with a tax matter, I want to suggest that when
recipients are sent their checks, it could be mentioned that the
payments are taxable as ordinary income, if that is in fact the case.  I
am also assuming that these payments will be reported to IRS, so that
warning may help folks to avoid later hearing from the IRS.  I am
guessing that a significant number of recipients would not even think
that this would be something to include and pay taxes on.  Now if there
is some exception that covers these types of payments, then great, but I
just wanted to mention this in case they are taxable. 
 

-----Original Message-----
From: blindlaw-bounces at nfbnet.org [mailto:blindlaw-bounces at nfbnet.org]
On Behalf Of Mehgan Sidhu
Sent: Tuesday, March 24, 2009 1:55 PM
To: NFBnet Blind Law Mailing List
Subject: Re: [blindlaw] Target suit

I have not heard anything recently.  However, the claims administrator
has 30 to 75 days from the date of the final order (which was March 10)
to disburse the checks to claimants.  So, it is unlikely that the checks
will be received before mid-April, at the earliest.

Mehgan Sidhu
Brown, Goldstein & Levy, LLP
120 East Baltimore Street, Suite 1700
Baltimore, Maryland 21202
410-962-1030 x1324
410-385-0869 (fax)
ms at browngold.com
www.browngold.com
 
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-----Original Message-----
From: blindlaw-bounces at nfbnet.org [mailto:blindlaw-bounces at nfbnet.org]
On Behalf Of M BG
Sent: Tuesday, March 24, 2009 4:29 PM
To: Blind Law Mailing List
Subject: [blindlaw] Target suit

Not to beat a dead horse, but any word on the Target suit disbursements
yet?


      
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