ARE MICHIGAN WORKERS COMPENSATION BENEFITS TAXABLE?
Michigan workers’ compensation payments and settlements are income tax free. However, if you accept a lump sum settlement, you may affect your eligibility for other programs or benefits. HOW MUCH IS A FAIR SETTLEMENT FOR MY MICHIGAN WORKERS’ COMPENSATION CASE? Every injury is different and there is no magic number. It is important to meet with an experienced workers’ compensation attorney in order to maximize the value of your case. WHAT IS A REDEMPTION IN MICHIGAN WORKERS’ COMPENSATION? A redemption is a type of hearing where the injured worker settles his claim to workers’ compensation benefits for a cash settlement. This requires that both the employee and the insurance company or employer appear in front of a magistrate. WHAT IS A CONTROL DATE IN MICHIGAN WORKERS’ COMPENSATION? A control date is a type of hearing where both parties to a workers’ compensation case appear in court with the magistrate to ensure that all medical has been exchanged and that the case is moving toward res