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Oct. 1—On Thursday, California Gov. Gavin Newsom signed Assemblyman James Gallagher's Assembly Bill 1249 to make PG&E wildfire victims' settlement payments tax free. The purpose of AB 1249 is to ...
When attorney fees, court costs and taxes are paid, the rest of the fund will be divided among DWP customers after the settlement receives final approval. A hearing before Rice is set for Dec. 20 ...
Spread payments over time to avoid higher taxes: Receiving a large taxable settlement can bump your income into higher tax brackets. By spreading your settlement payments over multiple years, you ...
In July 2024, California Attorney General Rob Bonta announced that the state had reached a $50 million settlement with the companies. Of that, $37.5 million will be distributed as gas rebates to ...
A lump sum, about $28.75 million, will be deducted from the $115 million to pay attorney fees and up to $225,000 for any other expenses that were incurred or will be incurred during litigation.
TurboTax agreed to shell out $141 million to settle a lawsuit accusing the company of misleading customers by promising free tax-filing services. The settlement called for reimbursing nearly 4.4 ...
Kroger did not admit to wrongdoing in the settlement, but it did agree to pay nearly $1.4 billion over the coming 11 years to California and other plaintiffs. California finalizes $122 million ...
To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...