Wildfire Settlements Are Now Tax Free In California & Taxed By IRS - 1breakingnews.com

1BN-RADIO 2022-10-06

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California has passed two laws to shield certain wildfire victims from state tax on their legal settlements in wildfire cases. One law applies to PG&E recoveries, the other to Edison suits. Both bills provide needed tax relief, but the IRS still treats ...

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