Is Compensation From an Asbestos Lawsuit Taxable?
Many people who have just gained compensation from a lawsuit wonder if the money awarded to them will be taxable. Use this guide to help you understand the basics of compensation tax law and how it will affect your Asbestos injury claim lawsuit settlement amount.
Physical Injury Claims
Most of the funds recovered from a physical injury claim case will not be taxable. While it is safe to assume this as a general rule of thumb, it is important to consult your personal accountant for the
