Is My Car Accident Settlement Taxable in California?

When you are injured in a traffic accident, you can hold the negligent driver or party responsible for the accident liable for your damages. In other words, if you did not cause the collision, you might be entitled to receive money from the party who did cause the crash. However, that money could be taxable as income in some cases. Compensation for Pain and Suffering The money you receive as compensation for the pain and suffering from your physical injury or illnesses is not considered taxable income by the Internal Revenue Service or the California Department of Revenue.  This also includes the amount you receive for the emotional distress or mental anguish you suffer because of the physical injuries or illnesses. However, if your claim is for emotional distress or mental anguish that did not result from a personal physical injury or illness, you may owe income tax on all or a portion of the settlement.

A Spinal Cord Injury From A Car Accident Can Change Your Life Forever

Your brain relies on your spinal cord to carry messages to other parts of your body.  Without this intricate delivery system, you would not have control over bodily functions. Injuries to the spinal cord range from mild to traumatic, depending on the type of injury and the location of the injury. For some people, spinal cord injuries result in permanent disabilities. You can suffer a spinal cord injury in a variety of ways. Falls and vehicle accidents are two of the most common cases of spinal cord injuries. The physical force of the impact in a motor vehicle collision can easily cause a spinal cord injury, especially in collisions at high rates of speed. In traumatic cases, the accident victim may require long-term medical care and personal care. For some, life is never the same after a spinal cord injury from a car accident.

April Is National Car Care Month

Summer is almost here and most of us will be heading out for summer vacations and trips with our families. Because summer is the biggest travel season, the Car Care Council wants to remind everyone of the importance of car maintenance. A car that is well-maintained is less likely to break down. Car maintenance can