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What Tax Deductions Can You Claim On Workers’ Compensation?

Getting injured at work can be a traumatic experience. It could leave you in physical pain, financial debt, and emotional distress. Fortunately, Arizona has a workers’ compensation system designed to protect injured workers. It works by providing an insurance cover which pays out benefits to an employee until they can resume work. One of the …

When Will My Worker’s Compensation Case End?

When Will My Worker’s Compensation Case End? This is a common question I get from my clients and can actually be a difficult question to answer. Some worker’s compensation cases are quick.  For example, a person cuts part of their body while working, gets the necessary medical treatment, and heals quickly with minimal scarring and no …

How Does Workers’ Compensation Affect Your Tax Return?

The workplace can hold specific risks for workers, who can get injured on the job. Workers’ compensation is a state-mandated program designed to offset the losses resulting from such injuries. If you sustain a work-related injury, you could receive benefits to cover your medical expenses and a portion of your lost wages. How does workers’ …

How Does Workers’ Compensation Work?

Workers’ compensation is a state-mandated program designed to help injured workers get back to work as soon as possible. It covers medical expenses, rehabilitation, and lost wages to facilitate the worker’s recovery. In some instances, it might also pay for retraining. In Arizona, most employers are required to carry workers’ compensation insurance. It is crucial …

Is Workers’ Disability Compensation the Same as Workers’ Compensation?

The future is often set in many unknowns. For instance, you could get injured or ill at work. This could affect your earning ability for a while or even derail your entire career. Consequently, it is vital that you protect your financial future with insurance policies such as workers’ disability compensation and workers’ compensation. Both …