Great question. In California, most personal injury settlements are not taxable, but portions related to lost wages, interest, or punitive damages may be subject to taxes. This is why accurate billing and documentation are critical in personal injury cases.
At Pro Medical Billing Solutions, we support personal injury practices by managing lien-based billing, medical records, and compliant revenue workflows, helping reduce disputes and financial risk during settlement reviews. You can learn more about our approach to complex injury-related billing here:
https://prombs.com/
Great question. In California, most personal injury settlements are not taxable, but portions related to lost wages, interest, or punitive damages may be subject to taxes. This is why accurate billing and documentation are critical in personal injury cases.
At Pro Medical Billing Solutions, we support personal injury practices by managing lien-based billing, medical records, and compliant revenue workflows, helping reduce disputes and financial risk during settlement reviews. You can learn more about our approach to complex injury-related billing here:
https://prombs.com/