05/13/2011
				
Here’s something you may not have considered when agreeing to settle a  nuisance case for a few thousand dollars. Most of the time, you will  need to withhold federal and other taxes. Because of a relatively  recent change at the IRS, unless payment is for a physical injury, the  proceeds are fully taxable.				
			 
			
05/13/2011
				
Ever since Congress passed the Lilly Ledbetter Fair Pay Act, employers  have had to struggle with evaluating their compensation plans to make  sure they aren’t perpetuating past pay discrimination. Now a federal judge has suggested that a better approach to fixing  the problem may be found in the free market. If employers use the market  value of jobs as a major factor in setting compensation, then even  those whose pay is lower than it would be without past discrimination  will be paid fairly because their increases will be greater.