by clicejames | Aug 2, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes is thrilling, but many don't get the tax rules right. The Top 10 Tax Myths About Sweepstakes Winnings expose big mistakes. These errors can lead to big problems with the IRS. Sweepstakes taxes are more complex than most winners think. It doesn't...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Sweepstakes winnings bring joy to seniors across the United States. Many wonder if seniors pay less tax on these winnings. The Internal Revenue Service (IRS) says sweepstakes winnings are taxable income, no matter the winner's age. Seniors might think they get special...