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  2. Contingency fees may be taxable: If your settlement is non-taxable, legal fees won't affect your taxable income. Accident and personal injury cases, like a slip-and-fall or worker's compensation ...

  3. Structured settlement - Wikipedia

    en.wikipedia.org/wiki/Structured_settlement

    Structured settlements may include income tax and spendthrift provisions. Often the periodic payments will be funded through the purchase of one or more annuities, that generate the future payments. Structured settlement payments are sometimes called periodical payments, and when incorporated into a trial judgment may be called a "structured ...

  4. Structured settlement factoring transaction - Wikipedia

    en.wikipedia.org/wiki/Structured_settlement...

    A structured settlement factoring transaction is a means to raise liquidity where there is no other viable means, via the transfer of structured settlement payment rights, for items such as unforeseen medical expenses, the need for improved housing or transportation, education expenses and the like, or in a situation where the individual has simply spent all his or her cash.

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    Portland (all residents must file an Arts Tax form with the city to either pay the flat-fee tax or qualify for an exemption based on low individual or household income) Lane Transit District (self-employed with income sourced from Lane Transit District, which includes parts of Lane County; reported on separate state tax form LTD)

  6. Michigan to see $9 million out of a massive MoneyGram settlement

    www.aol.com/michigan-see-9-million-massive...

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  7. Fox News Dominion lawsuit – live: Network admits some ... - AOL

    www.aol.com/fox-dominion-lawsuit-live-settlement...

    Fox News $787m payment in Dominion case is largest media settlement in US history ... anchor Jake Tapper struggled to keep a straight face as he read Fox News’ statement on the $787m Dominion ...

  8. Settlement (litigation) - Wikipedia

    en.wikipedia.org/wiki/Settlement_(litigation)

    In Israel, which is a common law jurisdiction, settlements almost always are submitted to the court, for two reasons: (a) only by submitting the settlement to the court can the litigants control whether the court will order one or more parties to pay costs, and (b) the plaintiff (claimant) usually prefers for the settlement to be given the ...

  9. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    The United States federal and state income tax systems are self-assessment systems. Taxpayers must declare and pay tax without assessment by the taxing authority. Quarterly payments of tax estimated to be due are required to the extent taxes are not paid through withholdings. The second and fourth "quarters" are not a quarter of a year in length.