by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a home in a sweepstakes is a dream come true. But, there's a financial reality to face: Taxes on Home Prizes can make your win complex. Every Sweepstakes Winner needs to know the Prize Tax Implications before celebrating.The IRS sees prize winnings as taxable...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes is exciting, but many winners don't know about the tax issues. It's important to know the 10 common tax mistakes to avoid financial problems and IRS issues.Making tax mistakes with sweepstakes can turn a dream into a nightmare. The IRS sees all...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes is thrilling, but knowing about taxes is key. In 2025, the IRS sees sweepstakes winnings as income you must report. This is important for handling your new money wisely.The tax on your sweepstakes winnings in 2025 depends on a few things. These...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning big in sweepstakes is exciting, but dealing with taxes can be tough. The IRS asks you to report any winnings over $600. This means sweepstakes winners face tax obligations. Keep The Sweep is a key solution for saving on sweepstakes winnings and making taxes...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a prize can be thrilling, but it comes with tax implications. Many winners face financial hurdles due to unexpected tax burdens. It's important to know what happens if you can't pay taxes on your prize to avoid legal and financial issues.The IRS views prizes...
