Tag Archives: deductions

It’s Deductible?! That’s Outrageous!

by Andy Grewal — Wednesday, Oct. 29, 2014

It seems like every time a corporation announces a settlement with the government, someone expresses outrage upon learning that a corporation’s payment may be deductible.  How dare the government subsidize bad behavior by allowing a corporation to reduce its taxes?  Take a look at this Newsweek story, for example. The deductibility of settlement payments actually […]