by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes can be a thrilling moment. Many wonder if they can use a trust to manage their winnings. Trusts are a smart way to protect and manage sudden money, giving winners a clear plan for their wealth. Having a trust for sweepstakes winnings can...
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...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Sweepstakes winners often face a world full of tax scams. These scams can turn a dream prize into a financial disaster. Criminals use clever tricks to steal personal info and money from hopeful people.The world of tax scams targeting sweepstakes winners is full of...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Sweepstakes and contests have been thrilling Americans for years. Winning big is exciting, but it brings financial and legal challenges. The question of setting up an LLC for sweepstakes winnings is now more important for winners wanting to protect their money....
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning big in sweepstakes is exciting and opens up financial doors. But, dealing with taxes can be tough for many winners. Keep The Sweep is a key tool for handling unexpected money after a big win. Sweepstakes success stories show the need for smart financial...
