Around this time of year, accident victims have a good reason to wonder about the taxability of lost wages, along with any settlements they have been given for the recovery of injuries, damages, medical expenses, and the loss of earning potential. Here are some answers that might help.
We tend to think of Workers’ Compensation as that thing someone claims when they are injured using a forklift or falling off a ladder. And while those are indeed legitimate reasons to make a claim, those are far less common than, say, getting into a car accident while doing a service for your employer. Perhaps […]
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