What is the naic number number for safeco insurance company? The NAIC number for Safeco Insurance Company of America, domiciled in Keene, New Hampshire, is 24740. Safeco Insurance has multiple different underwriting companies, eac â¦ h of which has a different NAIC number, all of which are listed on the Safeco Insurance website.
When in doubt, always seek advice from an accountant. Also, be sure to check out the IRSâ website (www.irs.gov). Now, class action lawsuits are generally designed to deal with situations where the injury is material (i.e., a defective product or consumer fraud), rather than physical (personal injury or sickness).So, class action settlement money will, in general, be taxable.ttorney's fees are also taxable, and in situations where these were expected to be paid out of a lump sum payment, it is your responsibility to keep records of these payments to ensure you donât end up paying taxes on money you no longer have.
Without portability (e.g., if A' s estate had not made a proper portability election on a timely filed estate tax return), A' s unused estate tax exclusion would have been lost, and B would have a taxable estate of $4,660,000 ($10 million â $5,340,000) and federal estate tax of $1,864,000 at the current 40% rate.014-18 to make a portability election for the estate if the requirements in the revenue procedure are otherwise met. Editor Notes. Kevin Anderson is a partner, National Tax Office, with BDO USA LLP in Bethesda, Md. For additional information about these items, contact Mr. Anderson at 301-634-0222 or kdanderson@bdo.com.