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The IRS continues to be amassing earnings taxes attributable to the pop star’s earnings, and has proposed a big property tax too. Tax and valuation points are particularly knotty the place, as right here, where there are mental property and image rights. The subjective nature of valuating such property can lead to messy disputes, especially with illiquid assets.Robert W. The writer of more than 30 books includingTaxation of Damage Awards & Settlement Payments(4th Ed. 2009 with 2012 Supplement, ), he could be reached at This dialogue isn’t supposed as authorized advice, and cannot be relied upon for any function without… READ MORE