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.
Car accidents weigh heavy on all parties involved. Whether you caused it, were hurt by it, or were simply caught in the wrong place at the wrong time, an accident means dealing with any number of decisions that can last for weeks and even months. So what happens when you realize, over time, that the costs of your accident are becoming a financial burden that you never saw coming?
©
Beers & Gordon P.A., All rights reserved
