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 [...]

Tags: motorcycle accident settlement tax, motorcycle injury settlement tax, motorcycle settlement tax