by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a prize is thrilling, but knowing how to handle taxes is key. The IRS says you must report your winnings as income. This means you need a good plan to deal with these taxes.Taxes on big wins can be tough to handle. Luckily, paying in installments helps. It...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a big sum of money is exciting. But, you need to plan for taxes before you get it. Good tax planning helps you handle sudden money and keep your wealth safe. Setting aside for taxes before you win is smart. Many think winning money fixes all their money...