Do You Pay Taxes On A Car Accident Settlement?

There is nothing good about getting in a car accident, especially if it left you injured and unable to work. If you are currently in the process of settling your car accident case and are expecting to receive a large settlement, you should talk to your lawyer about how this could affect your taxes. The settlement you receive will probably be to cover the injuries you experienced and damages to your car, but you may also receive compensation for loss of income, emotional stress, and other types of things like that. [Read More]