If You’re A Part TImer And You Know It Clap Your Hands
Posted on January 31st, 2009 by Life Insurance News
Lori Forthmann of Los Angeles, CA incorrectly states that the preferential tax treatment for those injured in personal injury and workers compensation case is now a government benefit guaranteed by IRC 5891 as if it just happened. If Ms. Forthmann had actually read IRC 5891, she’d see that at IRC 5891(c)(1)(A) (i) and (ii) that the income tax exclusion for periodic payment of damages in personal injury compensation (long standing for more than a quarter of a century!) is in IRC 104(a)(2). T
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