Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent ...
The total dollar value of class action and mass tort settlements dropped in 2024 but continued to surpass $40 billion for the ...
If you bought certain Clif Bars, you may be eligible for a cash payout as part of a $12 million class action settlement with ...
Investors can boost their after-tax returns by pairing assets with taxable accounts or tax-advantaged retirement accounts like 401(k) plans and IRAs.
In September, the company agreed to pay out a $2.925 million settlement to resolve a class-action lawsuit, which accused it of violating biometric privacy laws in Illinois by retaining certain ...