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Hudson Business Service
Serving Pittsburgh, Butler and the entire tristate area.
Hudson Business Service
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April 10, 2023

How Lawsuit Structured Settlements Work And Are Taxed

Tax NewsBy April 10, 2023

If you are injured in a car accident and receive a $300,000 settlement from the other driver it’s tax free but your investment earnings are taxable. If instead you receive a structured settlement, you’ll get payments overtime and each payment is fully tax free. – ​Forbes – Taxes

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Tax History: The Nixon Shock: Tax Cuts And A Public Campaign Financing Checkoff

Tax NewsBy April 10, 2023

Joseph J. Thorndike examines President Richard Nixon’s “Shock” speech of 1971 that proposed tax cuts, wage freezes, price controls, and suspended the convertibility of the U.S. dollar to gold — all in an effort to fight inflation. – ​Forbes – Taxes

​Read More

 

Tax History: The Nixon Shock: Tax Cuts And A Public Campaign Financing Checkoff

Tax NewsBy April 10, 2023

Joseph J. Thorndike examines President Richard Nixon’s “Shock” speech of 1971 that proposed tax cuts, wage freezes, price controls, and suspended the convertibility of the U.S. dollar to gold — all in an effort to fight inflation. – ​Forbes – Taxes

​Read More

 

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Hudson Business Service
© Hudson Business Service 2023. All rights reserved.

P: (724) 283-2831 | F: (724) 283-2834316 West Cunningham St., Butler PA,16001

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