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Work Comp settlements are not taxable. As far as how they are calculated, it depends on the body part involved. The Workers’ Compensation Act has a schedule for different body parts.
If you have been involved in a motor vehicle accident, you may feel disoriented and overwhelmed in the days that follow. The steps you take in the first 72 hours after an accident can greatly affect the outcome of your case.
Illinois workers’ compensation laws allow injured employees to seek benefits, including medical expenses, lost wages, and disability benefits, through a claim. However, not all workers’ comp claims are approved. In the event that your claim is denied, benefits suspended or terminated, you may be eligible to file an appeal.
According to the Illinois Department of Transportation, there were nearly 313,000 automobile accidents in Illinois in 2019. Over 20% of these accidents resulted in injuries.
As the nation and the state of Illinois recover from the lockdowns and restrictions of the pandemic, people are returning to the roads at near record levels, according to the National Safety Council. Miles traveled rose 11 percent in 2021 from the year before and stood at just 1 percent below 2019 pre-pandemic levels.
I have received some comments under previous unrelated posts regarding the United States Supreme Court’s decision released Monday, June 27, 2010, captioned McDonald, et al. v. Chicago, Illinois