Can Money Paid in Settlement of Your Motorcycle Accident Be Taxed by the IRS?

Many of my clients who were injured in a motorcycle accident in New York have suffered injuries usually worth approximately $500,000 and sometimes a lot more. With injuries that serious, tax consequences and tax planning methods to avoid the settlement money being taxed by the IRS, must be considered. With 17 tax credits in law [...]

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What you should know if you have been hurt in a Long Island motorcycle accident

Let’s assume that you were injured in the following Long Island motorcycle accident. While riding your Harley within the speed limit, a car coming in the opposite direction made a left turn and struck your motorcycle (the car was at fault for causing your motorcycle accident); your ankle was broken and you were taken to [...]

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