Is the money I receive in a lawsuit settlement taxable? If you have received money via a lawsuit settlement, you may be asking yourself this exact question. Perhaps you were injured in a car accident, or filed suit against a prior employer for wrongful termination and are now receiving a monetary settlement. The settlement may...Read More
How is my settlement taxed? If you are involved in a lawsuit and are anticipating compensation for damages, this is a question you may be asking yourself and it is important to understand the tax implications related to your settlement. The article below has been prepared by John McGuire, a tax attorney and business attorney...Read More
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