J-14 previously reported that Taylor Lautner was filing suit against McMahon's RV over a $300,000 customized trailer that wasn't delivered to the set of his new movie Abduction on time.

READ IT: Taylor Lautner Sues Over Missing Trailer

After lots of back and forth with McMahon's RV -- who even challenged Taylor to a push-up competition! -- Taylor was finally awarded a $40,000 settlement to make up for the missing trailer.

Never one to be greedy, Taylor decided to give all of the money to a worthy cause! The winnings will be donated to The Lollipop Theater Network -- a non-profit organization that brings hit movies to hospital rooms so that children with chronic or life-threatening illnesses can enjoy films they would never get to see otherwise.

Do you agree with what Taylor did with the money from the suit? What would you have done?

Uh oh! Taylor Lautner is reportedly suffering from "emotional distress" and "annoyance" and has filed suit after a $300,000 custom trailer he ordered from a California RV dealership for use on the set of his new movie Abduction failed to be delivered to by his June 21 deadline. No word on what customizations Taylor had ordered or what he's been using on set in lieu of his special trailer.

Do YOU think Taylor is really suing over his missing custom trailer? What special alterations do you think it required?

Are Taylor Swift and Taylor Lautner reuniting for the Valentine's Day sequel, New Year's Eve? Not exactly.

While there will be a sequel to the popular flick, there are no guarantees yet. Taylor Swift is in talks to reprise her role as Felicia, with her possibly going off to college in the second film.

As of right now, fresh faces are wanted for New Year's Eve, so no other character will be returning for the movie, and even Taylor Swift isn't definitely in the flick yet. That means Taylor Lautner will most likely not return for the movie, so nope, no Taylor Squared reunion -- at least not on any movie sets any time soon.

Garry Marshall will be returning to direct the movie, and back in May, he even mentioned that Justin Bieber may have a role in the flick. "Already, they're mentioning Justin Bieber," he said. "I have no idea who that is, but I'm sure we'll meet." Wonder if Garry knows who the Biebs is now?

Do you want Taylor Swift to star in a Valentine's Day sequel? Do you think she's a good actress?

Taylor Lautner might have found "the one"... again. Reports are surfacing that The Twilight Saga: Eclipse hottie has recently rekindled his on and off romance with high school sweetheart Sara Hicks. A source recently said, "Taylor and Sara are definitely back on.... Taylor has always had a thing for her."

To add more fuel to the rumors, after Taylor left L.A. for Pittsburgh, where he's currently filming his new film Abduction, Sara reportedly took to her Twitter and wrote, "saying goodbye SUCKS... sitting in the airport bathroom by myself. I'm a mess."

What do YOU think? Are Taylor Lautner and Sara Hicks back together? Do they make a cute couple?

Taylor Lautner films scenes for the movie Abduction -- and shows off a new shorter 'do! -- on set in Pittsburgh, PA. The flick also stars The Blind Side's Lily Collins.

What do you think of Taylor Lautner's new haircut?

While The Twilight Saga: Eclipse is still busy breaking records left and right, new details about the movie for the final book, Breaking Dawn are being released.

Summit Entertainment just informed J-14 that Breaking Dawn will begin production this fall and be filmed over the next year. It will be split into two films, with the first one hitting theaters on November 18, 2011... let the countdown begin!

Rob Pattinson, Kristen Stewart, Taylor Lautner, Jackson Rathbone, Nikki Reed, Ashley Greene, and Kellan Lutz will all return for the final films. Filming will take place in Vancouver, Canada, where the last two movies were filmed -- as well as a new location... Baton Rouge, Louisiana!

But we're most curious about how they're going to portray Renesmee!

Are you looking forward to Breaking Dawn? Which Twilight book was your fave story?

He may be Canadian, but Justin Bieber is celebrating 4th of July with a performance on the Macy's 4th of July Spectacular, airing on NBC at 9 p.m ET/PT. And he's not the only one -- The Twilight Saga: Eclipse stars will also be on the show.

Nick Cannon and Alison Sweeney host the show with performances by Enrique Iglesias and LeAnn Rimes as well... and of course a fireworks spectacular.

Also airing the same time?! An encore of Jimmy Kimmel's Total Eclipse of the Heart special with Rob Pattinson, Taylor Lautner, Kristen Stewart, and the rest of the cast on ABC 9 p.m. ET/PT. Twilight vs. Twilight -- such a dilemma!

But most importantly, a very special wish for a happy & safe 4th of July from all your friends here at J-14!

How will you be celebrating today?

Name: Taylor Lautner

Age: 18

Where to see him: Taylor plays the hot, love-struck werewolf Jacob Black in The Twilight Saga. You can catch him fighting for Bella's love and running around with his wolf pack (often shirtless!) in The Twilight Saga: Eclipse, out now!

Why we love him: Similar to his character, Taylor knows what he wants in life and he fights for it. (Remember when he almost lost the role as Jacob?!) He's humble about his success and really appreciates all of the opportunities that he has been given. And seriously, his gorgeous smile, cute dimples, and killer abs make us melt.

He talks about... his appreciation for his fans: "A lot of them will just burst into tears, and that's just moving. It must mean so much for them to meet us, and it's an amazing feeling to know that you can touch somebody in that way."

Now we want to hear from YOU, J-14ers! Do you think Taylor is HOT or NOT? Let us know in the comments below!

By: Stephanie Alperin

Photo: Kyle Rover/Startacks Photo