The taxability of personal injury settlements can be somewhat complex. Some portions of your personal injury settlement may be taxable, while other portions may not.
Below, we review some of the basic rules the IRS imposes for personal injury settlements. For more detailed information about how a settlement might affect your income taxes come filing time […]
While it is impossible to say for certain how much your personal injury claim might be worth, it is possible to ballpark a fair figure once you include all damages and consider other factors that might affect your case worth:
What damages should I include?
The only way to determine how much your injury claim is worth […]
Countless car accidents happen every day. Most of them happen because of driver error, such as running a red light or driving too fast in poor weather. However, some serious car accidents happen even when the driver does nothing wrong. Accidents caused by defective brakes, for example, can happen even when both drivers obey all […]
Drowsy driving accidents injure people every day all over the nation. Some states, like Florida, have enacted legislation limiting teen driving at night, in an effort to cut down on the new drivers who drive drowsy. Even still, drowsy driving is a huge problem across all groups. If you were injured in a drowsy driving […]
Skateboarding caused approximately 120,000 injuries in 2014, says the Insurance Information Institute (III). Nearly half of these injuries affected young people between the ages of 15 and 24, followed by children ages 5 to 14. House Representative Richard Stark of District 104 wants to do something about those injuries.
Mandatory Helmet Law for Young Skateboarders
Representative Stark, […]
There were over 915,000 boats registered in the Sunshine State in 2015, according to Florida Fish and Wildlife Conservation (FWC) records. With so many registered boats plus the one million non-registered vessels that actively use Florida’s waters, it is no surprise that we regularly lead the nation in boating accidents. In fact, in 2015, Broward […]
Construction work is dangerous business. Whether a crew is building a skyscraper in the middle of a crowded city or constructing a highway across rural farmland, serious risks for injuries surround the construction site. Just about anyone can be injured in construction vehicle accidents, including drivers, pedestrians, and even the construction workers themselves.
What is a […]
Medical malpractice is the legal term for when a doctor or another medical professional makes a serious and inexcusable error while providing medical services. Essentially, if your doctor is negligent and his/her actions caused you to suffer an injury, you probably have a legal claim for medical malpractice against him/her.
How does malpractice occur?
All doctors must […]
Seat belt recalls are all too common. In the past six months, we have seen three different recalls affecting Ford, Volvo, and General Motors vehicles. Defective seat belts can cause injuries such as internal bleeding; rib, clavicle, knee, and spinal fractures; whiplash; lacerations; and injuries from ejection.
How might a seat belt be defective?
There are multiple […]
A recent report called “Dangerous by Design 2016” pointed out the most dangerous U.S. cities for pedestrians. Engineers designed our streets to facilitate quick and efficient travel via vehicles. The report by Smart Growth America shows that the cost of speedy car travel is high for pedestrians.
What did the report say?
Between 2005 and 2014, 46,149 […]
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