If you’ve recently won or settled a personal injury case, you probably want to know if you’ll have to pay any taxes on the money you received. You certainly don’t want to see a surprise tax bill after all the stress you have been through, and that’s why you should know exactly how the IRS treats different parts of your settlement.
Below, this personal injury lawyer in Plant City, Florida is going to explain some of the key things you should know about taxes in personal injury settlements, and we’ll also share some tips to help you keep as much of your money as possible.
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