taxes

Groups Support End to Unfair Tax Penalties After Consumer Cases

Publish Date: 
August 3, 2021
Type: 
legislative

Public interest organizations, wrote in strong support of the End Double Taxation of Successful Consumer Claims Act, S. 766, H.R. 4457, introduced by Sen. Catherine Cortez Masto and Rep. Steven Horsford. For too long, taxpayers have been subject to unexpected penalties when they successfully hold bad actors accountable in court. The bill would ensure consumers in these cases are not unfairly taxed on funds they do not receive.

NACA in the News: Winners of consumer lawsuits ended up with an unwelcome tax-time surprise

Release Date: 
March 26, 2021

Chicago Sun-Times, Winners of consumer lawsuits ended up with an unwelcome tax-time surprise

"Christine Hines, legislative director for the National Association of Consumer Advocates, says some people, unaware they can appeal to the IRS, just suck it up and pay the tax on the legal fees — meaning the lawyers’ earnings get taxed twice.

New Bill Would Restore Tax Fairness for Harmed Consumers

Release Date: 
March 16, 2021

Sen. Catherine Cortez Masto (D-Nev.) today introduced the End Double Taxation of Successful Consumer Claims Act, which would amend the tax code so that individuals who win consumer cases are no longer expected to pay income tax on funds, specifically reimbursed legal expenses, that they do not receive. The proposal is similar to a previous 2004 amendment to the tax code that protects victims of discrimination.

New Bill Would Restore Tax Fairness for Harmed Consumers

Release Date: 
March 16, 2021

Sen. Catherine Cortez Masto (D-Nev.) today introduced the End Double Taxation of Successful Consumer Claims Act, which would amend the tax code so that individuals who win consumer cases are no longer expected to pay income tax on funds, specifically reimbursed legal expenses, that they do not receive. The proposal is similar to a previous 2004 amendment to the tax code that protects victims of discrimination.

Fact Sheet: Taxpayers Strongly Support Consumer Protections, Removal of Tax Obstacle

Publish Date: 
January 25, 2021
Type: 
legislative

Polling Results: A Barrier to Justice for Taxpayers Harmed by Corporate Misconduct

Recent polling data from Lake Research Partners answered two overall questions:

(1) How do voters view consumer protection and access to justice?
(2) How do voters view an existing but an obscure tax issue* once it is explained to them?

NACA in the News: Congress must protect consumers from predatory businesses

Release Date: 
July 10, 2020

Las Vegas Review-Journal, Congress must protect consumers from predatory businesses.

Letter to the Editor from Sophia Romero, Nevada State Chair for the National Association of Consumer Advocates: "If people are too afraid to pursue legitimate cases because they might suffer financially, then unscrupulous businesses will be let off the hook for preying on vulnerable Nevadans during this difficult time."

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