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...
A funeral is among the largest expenses and often occurs at the most unexpected of times. Average estimates of funeral costs range from $9,000 to $15,000; many times, it can be much higher. Unlike with a high-value purchase, such as a car or home, there often isn’t...
Self-driving cars are riding into reality as companies such as GM, Tesla, and ride sharing businesses like Uber and Lyft have put them on the roads. As developers have pitched these to reduce accidents, concerns are beginning to be raised. In May 2016, a CNBC reported...
Personal injury plaintiffs are often in need of cash quickly. An accident settlement can sometimes take years to be reached. Afterward, many months might pass before you receive the proceeds. If you’ve finally reached a settlement agreement and are waiting to be paid...
The personal injury lawsuit process can be complex and stressful. If you or a loved one have been hurt due to another party’s negligence, carelessness, or reckless conduct, an accident attorney can fight to get you compensated. Filing a lawsuit and reaching a...
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