Thank you for your reply, Camelle. I do need to discuss this further with our Finance Manager to be sure all of our questions are answered before we proceed. Can you please leave this (thread) conversation open until I can confirm with her to make sure there are no further questions. She is out of the office this week and should return next week so that we can discuss further.
In the meantime, I do appreciate your help, and I will look into this a little further with the IRS as suggested. The questions asked do pertain to attorneys in legal settlements and for payments that include attorney fees and amounts to the plaintiff in a legal settlement, so we want to be careful that we are not reporting income twice.
Again, I will get back to you if you are available once we discuss.
Kind Regards,
MJorgensen
