Are Personal Injury Settlements Taxable?

Compensation for physical injuries recovered in a personal injury lawsuit is not taxable under state or federal laws. This includes compensation awarded by a verdict or compensation awarded as part of a settlement agreement.
Injury or man with lawyer woman planning on documents for insurance

The Dangers of Driving High

Marijuana-impaired driving increases the risk of car accidents that cause injuries and fatalities. As states continue to legalize marijuana for medical and recreational purposes, there has been a significant increase in motor vehicle accidents.

Top-Rated Injury Attorneys Fighting for You

Since opening our doors in 1985, the accident lawyers at the George Bochanis Injury Law Offices have been committed to helping injury victims get full compensation after slip and fall accidents, motor vehicle crashes, workplace injuries, and other personal injuries.

We’re here to listen. Schedule your free consultation with an injury lawyer today.