With tax season almost upon us, some of our clients might be wondering whether they need to claim their car accident settlement on their tax returns. And if so, how much can they expect to pay in taxes on their settlement?
We have happy news: generally, you will not need to pay any taxes on your auto accident settlement. This should save you a considerable amount of money, allowing you to use the entirety of your settlement for getting back on your feet.
However, as if often the case with tax law, there are exceptions to the general rule. Everything will depend on what types of losses you received compensation for in your settlement. Let’s run down through the most common types of damages awarded, but first we’ll look at the applicable Internal Revenue Service (IRS) rule.
Nobody expects to witness a car accident, but motor vehicle crashes can happen almost anywhere, and anyone in the area can become a witness to a serious or even fatal collision. We want to give you a brief overview of common car accident witness questions and the ways in which they vary in different circumstances. Then we will delve deeper into common questions a person will be asked when she or he has witnessed an accident.
How much do you know about the Las Vegas traffic? Driving is dangerous, but which risky behavior is a growing problem in our area?
Motorists in Las Vegas have many coverage options. In addition to the insurance required by the state, they can also buy collision, comprehensive, uninsured motorist, and other policies.
One type of policy that doesn’t receive a lot of attention is personal injury protection, called “PIP.”
There are many ways to prove fault, and a lot of evidence is helpful. Short of an admission from a driver or videotape of the collision, your attorney will need to look at a variety of evidence to help prove you are not responsible for the crash. One helpful piece of evidence is the location of the damage on your car, which can yield important clues about who is to blame.
Many people want to become better drivers but unfortunately do not know where to turn for lessons. The basic driver’s education course they took as a teenager hardly has prepared them for the realities of the road—and those lessons were probably taken several decades ago.
At Naqvi Injury Law, we encourage driver safety and have written this guide to introduce you to the different advanced driving courses available.
Nevada insurers offer many insurance products, and many consumers become confused by the options. In this guide, we will break down what insurance is required and what other coverage options are available.
We’ve put together an infographic that explains everything you need to know about intersection accidents, including the location of the most dangerous intersection in Las Vegas, the most common causes of intersection accidents, things that contribute to intersection accidents, and some general crash statistics.
You should contact a car accident lawyer if:
We’ve put together a list of five things that we think are critical to have in the trunk of your car in the event of an accident or a vehicle breakdown. Of course, these five things are not inclusive; you may benefit from having other safety and emergency preparedness items within your trunk.
If you have been injured in a Vegas car accident, it is a good idea to identify as many witnesses as possible while you are still at the scene. Not every witness will have useful information, of course. But even one or two witnesses can prove invaluable when presenting a claim to an insurance company or seeking damages from the negligent driver.
Car accidents are sudden, unexpected events. They can happen when just as easily when driving along local routes, or when you are traveling out of state on vacation or for business.
As an experienced driver, it may have been years since you took your driving test or even glanced at a driver’s manual. While you may trust your knowledge of traffic safety rules, the truth is that no one can be expected to remember all that was learned in a driving safety course taken years ago.
Here’s a list of the Top 10 Forgotten Driving Laws (Written and Unwritten).
Car accidents are a common occurrence, especially in Las Vegas. While you may not be able to always avoid them, there are some things you can do to improve your driving and ensure you are not at fault of an accident.
In the following 11-part series, we will cover 10 tips to help you become a better defensive driver.
Nobody wants to get into a car accident, but it happens quite often. Even if you’re a safe driver, there are many motorists on the roadway who aren’t. It’s important to know what to do if you are ever involved in a car crash, including calling Naqvi Injury Law as your Las Vegas car accident lawyer.
If you’ve ever been in a car accident, you know that working with the insurance company and trying to get a fair settlement for your injuries and other damages is no easy task. Insurance adjusters want to settle your case for as little as possible, but there are ways to obtain a fair settlement.
Driving in Las Vegas can be challenging, especially if you are visiting the city or are relatively new to the area. At Naqvi Injury Law, our Las Vegas auto accident lawyers want all people to have best possible driving experience on our city’s roads with six of our best tips for safe and effective driving in Las Vegas.
Being hit by a car, whether you are a pedestrian, on a bike or motorcycle, or a passenger in or operator of another vehicle can be a very scary experience. And depending upon the force involved in the collision, you may not walk away from the accident without significant damages, and you may be unable to walk away at all.