Income received from an insurance settlement generally isn't subject to tax unless you paid to have the policy transferred to you. The interest paid when dividends are left with an insurance company, however, is reported to the taxpayer as interest and is taxable.
Lawmakers continue to debate Medicaid expansion. It’s a hot topic after Governor Gary Herbert released his 2015 state budget. It did not include Medicaid expansion. Now leaders on the other side of the aisle want to know why.