Wildfire survivors who lost their homes could face another blow from taxes on settlement payouts [Yahoo! Finance Canada]
Edison International (EIX)
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Source: Yahoo! Finance Canada
But unless a bill moving through Congress becomes law, that money could be taxed as income, taking big bites out of their payments and possibly disqualifying them from other government benefits. “There was this terrifying disbelief,” Bree Jensen, communications director for the Eaton Fire Long-Term Recovery Group, said of informing fellow residents about the tax. Thousands more who are suing the utility face the same prospect, as well as fire survivors in and after a tax exemption on wildfire-related compensation expired at the end of 2025. In recent years, Congress has shielded wildfire settlements from taxes, but legislation to do so was short-lived and a struggle to pass, leaving gaps between laws that risk saddling some survivors with a possible tax burden on their compensation. A bipartisan House bill to extend the tax relief passed out of committee last month, but the timeline for bringing it to a floor vote and when the Senate will take action are unknown, leaving surviv
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EIX
News
- Edison International (EIX) had its price target lowered by Bank of America Corporation from $80.00 to $78.00. They now have a "buy" rating on the stock.MarketBeat
- Edison International (EIX) was downgraded by Seaport Research Partners to "neutral".MarketBeat
- They lost their homes to fire. Now they're rebuilding with all-electric. [Los Angeles Times (CA)]Los Angeles Times
- Edison International (EIX) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b-)".MarketBeat
- Edison International Faces New Wildfire Audits And Eaton Fire Uncertainty [Yahoo! Finance]Yahoo! Finance
EIX
Earnings
- 2/18/26 - Beat
EIX
Sec Filings
- 4/14/26 - Form 4
- 3/26/26 - Form SCHEDULE
- 3/13/26 - Form ARS
- EIX's page on the SEC website