Settlement taxation

Taxation of Personal Injury Settlements

In general, there is no taxation on the proceeds of a personal injury settlement, but each settlement could have aspects of it that do count as income. The internal revenue code section 104(a)(2) indicates that damages based on “physical injuries… READ MORE

James Lambka / CATEGORIES: Financial, Insurance Information
Wiener and Lambka

New Distracted Driving Legislation Will Be In Effect From July 23rd, 2017

Whilst the current law doesn’t allow drivers to have a phone to the ear when driving, the new law coming into effect later this month will dramatically restrict the use of cell phones in cars. In today’s vlog, personal injury attorney… READ MORE

James Lambka / CATEGORIES: Car Accidents

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