Confidentiality Disqualifies Harassment Settlement Tax Deductions
Publisher: Society for Human Resource Management
February 23, 2018
Heather Weine Brochin was quoted in an article, "Confidentiality Disqualifies Harassment Settlement Tax Deductions," published on the Society for Human Resource Management (SHRM) website. The article discussed a provision in the new tax law that discourages the use of confidential harassment settlements by disqualifying them from tax deductions. However, as noted in the article, more IRS guidance is needed and it may lead to lower settlement amounts. Brochin told SHRM that employers that still want confidentiality may factor in the disqualification of a deduction when deciding the total amount of a settlement they are willing to pay.
