It’s almost tax time! Have you received a Workers’ Compensation settlement or a Personal Injury settlement and wondering if these settlements are taxable income? Some of the answers are straightforward while others are not. Keep in mind, we are not tax lawyers or certified public accountants, so you should always run tax questions by the most qualified individuals, like your accountant.
Were you injured at work, but concerned because you are an undocumented worker? There must be so many questions and concerns going through your mind, and we are fully equipped to handle your concerns and our staff all fully bilingual.
*Can I file for Workers’ Compensation? – Yes.
When individuals are involved in a Personal Injury claim, they often assume that the liability carrier, which is the insurance company for the at-fault driver, is the responsible for paying for their medical treatment directly. Unfortunately, that is not how it works.
Can I be fired because I file a Workers’ Compensation claim or because I hire an attorney for my case?
The short answer is NO, not legally. Your employer cannot legally terminate you because you had a work injury or because you hired an attorney. You are entitled to know your legal rights and to file a legitimate claim for a work injury.
However, do not let the above facts confuse you into thinking that your job is protected because you got hurt at work, because that is not the case.
Were you injured in a car wreck and curious if you are entitled to punitive damages? First off, many people may confuse “punitive damages” with “pain and suffering”. To help in understanding the difference:
*Punitive Damages: This is when there was deliberate intention involved in the accident itself.
Insurance coverage in an auto accident claim can be a grey area and difficult to comprehend. This blog seeks to provide you with a few possible coverage options which could be available to you if you are involved in an automobile accident when the accident was not your fault.
A common mistaken belief is that the severity of your injury is the sole determining factor in how much your workers’ compensation claim may be worth monetarily. While more serious injuries are typically valued higher than less serious injuries, a significant factor in case value is how much you earn in wages in the job in which you were injured.
Workers’ Compensation claims can be very overwhelming. See these commonly asked True/False questions below, and call our office for more details on your potential case.
You must pay taxes on your workers’ compensation benefits.
FALSE. Workers’ Compensation benefits are not taxed.
Insurance coverage on your vehicle with all of the confusing terms can be very tricky to understand. When choosing insurance coverage in their vehicle, most people in NC just select what is required, called “minimum policy limits.” It is typically the cheapest route and often what an agent will recommend.
Were you in a car wreck or trucking accident and trying to figure out why your medical bills are piling up and not getting paid? After all, you were not at fault in this accident! Personal Injury claims in North Carolina can leave you feeling like you got the short end of the stick at times, and unfortunately, that feeling could extend to the settlement of your claim as well based on some applicable NC laws.