In general, a personal injury settlement from a car accident is not taxable. The IRS will not tax your settlement if you received a settlement for personal physical injuries or physical illness and no itemized deduction had been taken for medical expenses related to...
A slip and fall can cause injuries that result in thousands of dollars in medical bills, including emergency treatment, diagnostic testing, surgery, medications, physical therapy, and other costs. If you’ve been struggling to make ends meet, such expenses can make it...
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