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all right happy New Year to everybody and welcome to the program lets go ahead and get started so a couple of things here the code sections you see are the law and the you know thats what the basis of what were doing is those are the general ones for information reporting across the board so to speak now given todays topic within there theres individual code sections that also come into play and matter the most important in relation todays would be 60 45 okay so you see there 60 41 provides the persons engaged in trade or business have to report certain payments on an information return but then from there 60 45 of the code specifically singles out attorney in settlement payments and that was done for a variety of reasons but your most importantly because the difficulties in getting the 10 and of course its a really complicated situation you have three parties to the transaction potentially you dont know whos reporting to or not were going to talk about all that today and a