One of the most common questions we receive is whether a client’s personal injury settlement is taxable or whether they will have to pay taxes on a settlement they received. We always advise that clients consult with a professional, certified tax professional or CPA to learn more specifically about their tax obligations. You can also visit the IRS page regarding the Tax Implications of Settlements and Judgments.
Read the rest of this article at https://burneikislaw.com/are-personal-injury-settlements-taxable/
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