Skip to main content
CryptocurrencyFacts on TaxesPersonal TaxesTaxes
August 3, 2024

What Are The Tax Benefits of Holding Cryptocurrency?

Did you know that diving into the world of cryptocurrency could unlock a treasure trove of tax benefits? As digital currencies continue to reshape our financial landscape, savvy investors are exploring ways to maximize their returns while minimizing their tax…
Facts on TaxesPersonal TaxesTax DeductionsTaxes
August 3, 2024

10 Tax Deductions For Education Expenses

In an era where education costs are skyrocketing, many overlook the plethora of tax deductions and credits available that can significantly alleviate financial burdens. From understanding how to capitalize on the American Opportunity Credit, to navigating the complexities of deductions…
Capital Gains TaxCryptocurrencyFacts on TaxesFederal Income TaxFiling TaxesPersonal TaxesSelf Employed TaxesTaxes
August 2, 2024

What Are The Tax Implications Of Investing In Cryptocurrency

Are you curious about how your cryptocurrency investments might impact your tax obligations? Navigating the tax landscape for digital assets can be complex, but understanding the basics is crucial for any investor. From recognizing how the IRS treats cryptocurrencies as…
CryptocurrencyFacts on TaxesFiling TaxesTaxes
December 15, 2023

Pros and Cons of Paying Taxes with Cryptocurrency

As the world continues to embrace the digital revolution, cryptocurrencies have emerged not only as a financial asset but also as a potential means of conducting day-to-day transactions. One intriguing aspect of this evolution is the idea of paying taxes…
CryptocurrencyFacts on TaxesTaxes
December 15, 2023

The Top 5 Ways to Minimize Your Cryptocurrency Tax Liability

In an era dominated by the rapid evolution of digital assets, the management of cryptocurrency tax liability has become an increasingly pressing concern for investors. As the popularity of cryptocurrencies continues to soar, so does the scrutiny from tax authorities…
Facts on TaxesFederal Income TaxFiling TaxesPersonal TaxesTaxes
December 7, 2023

What Are The Different Taxes You Must Pay In Canada?

Navigating the Canadian tax landscape is essential for both individuals and businesses alike. With a complex system encompassing various taxes at different levels, understanding these financial obligations is crucial. In this blog, we will embark on a journey through the…
Facts on TaxesFederal Income TaxFiling TaxesProperty TaxTaxes
December 6, 2023

Can You Claim Your Property Taxes On Your Income Tax Canada?

Navigating the intricacies of the Canadian tax system can be a complex task for many individuals, and one aspect that often raises questions is the eligibility of property taxes for inclusion in income tax claims. As homeowners and property owners…
Facts on TaxesFederal Income TaxFiling TaxesPersonal TaxesTaxes
December 6, 2023

Why People Get Audited by the IRS?

Facing an audit from the Internal Revenue Service (IRS) can be a daunting experience, sparking concern and uncertainty among taxpayers. As the tax landscape continues to evolve, understanding the common triggers for IRS audits becomes crucial for individuals and businesses…
Corporate Business Taxes & LawsFacts on TaxesFederal Income TaxSmall BusinessTaxes
December 6, 2023

How to Calculate Corporation Business Taxes?

Navigating the complex landscape of corporation business taxes is a crucial aspect of financial management for any business entity. As corporations operate within a framework of regulations, understanding how to calculate and manage taxes becomes paramount to maintaining fiscal health…
Corporate Business Taxes & LawsPayroll TaxSmall BusinessTaxes
December 6, 2023

How to Prepare for a Payroll Tax Audit?

Facing a payroll tax audit can be a daunting prospect for businesses, underscoring the critical need for meticulous preparation. As government agencies intensify their scrutiny of payroll tax compliance, it becomes imperative for organizations to navigate this process with precision…
Capital Gains TaxFacts on TaxesFederal Income TaxTaxes
December 6, 2023

How to Calculate Capital Gains Taxes?

Navigating the intricacies of financial responsibilities is an essential aspect of managing one's economic affairs. Among these responsibilities, understanding and calculating capital gains taxes play a pivotal role for individuals engaged in investments and asset transactions. Capital gains taxes are…
Corporate Business Taxes & LawsFacts on TaxesSmall BusinessTaxes
December 4, 2023

What Are Corporation Business Taxes?

In the intricate landscape of finance and commerce, corporations play a pivotal role in driving economies, fostering innovation, and contributing to societal development. As these entities navigate the complex web of fiscal responsibilities, one crucial aspect that demands attention is…

Filing Taxes Topics

Facts on Taxes

What Are The Tax Benefits Of Donating To Conservation Easements?

Conservation easements have become a popular way to protect natural resources and preserve land for future generations. Not only do they provide significant environmental benefits, but they also offer tax advantages for donors. In this article, we will discuss the…
Facts on Taxes

What Should I Do If I Discover An Error On My Tax Return Prepared By HR Block?

Discovering an error on your tax return can be a cause for concern and uncertainty. When your tax documents are prepared by professionals, such as H&R Block, you trust that the process will be smooth and accurate. However, errors can…
How Much Tax Do You Pay On US Game Show Winnings
Filing Taxes

How Much Tax Do You Pay On US Game Show Winnings?

Are you a fan of game shows, where quick thinking and luck can lead to thrilling victories and exciting prizes? From dazzling cash rewards to dream vacations and shiny new cars, game shows offer participants a chance to walk away…
DraftKings Tax Deductions
Facts on Taxes

Are DraftKings Losses Tax Deductible?

As the popularity of online sports betting continues to rise, platforms like DraftKings have become a favored destination for sports enthusiasts and gamblers alike. While the thrill of placing bets and potentially winning big is enticing, it's important to understand…
Corporate Business Taxes & Laws
How To File Taxes As A Business Owner?
Facts on Taxes
What Are Tax Havens And How Do They Operate?
Facts on Taxes
Are Online Casino Winnings Taxable In Canada?
Facts on Taxes
Maximizing Your Tax Savings As A Freelancer Or Independent Contractor
Capital Gains Tax
Why Are Lottery Winnings Tax Exempt In Canada?
Claim Lottery Winnings In Canada
Facts on Taxes
How Do I Claim My Lottery Winnings In Canada?
Facts on Taxes
What Are The Different Taxes You Must Pay In Canada?
Facts on Taxes
What Are Rental Income Deductions?
Does Maryland Tax Lottery Winners
Facts on Taxes
Does Maryland Tax Lottery Winners?
Corporate Business Taxes & Laws
Can An LLC Claim Lottery Winnings In Maryland?
Facts on Taxes
Why Do People Say That Half Your Salary Goes To Taxes?
Employers Check EPF History
Facts on Taxes
Can Employers Check Your EPF History?

Gambling & Lottery Winnings Tax

Facts on Taxes

What Strategies Do Seniors Use To Minimize Taxes On Gambling Winnings?

Navigating the intricate landscape of taxation becomes even more essential in the realm of gambling winnings, particularly for seniors who are aiming to maximize their financial gains. As seasoned individuals engage in various forms of gambling entertainment, ranging from casinos…
Facts on Taxes

How Much Taxes Does PrizePicks Take?

In the dynamic world of online gaming and fantasy sports, platforms like PrizePicks offer users an exhilarating experience with the potential for financial gains. While the excitement of winning prizes on PrizePicks is undoubtedly appealing, it's essential for users to…
Facts on Taxes

Can Seniors Deduct Gambling Losses From Their Winnings For Tax Purposes?

Navigating the complexities of tax regulations is a task that demands careful consideration, especially for seniors who engage in activities like gambling. For many seniors, the thrill of chance and the allure of potential winnings make gambling an enticing pastime.…
Facts on Taxes

Do You Receive A 1099 For Gambling Winnings?

The 1099 tax form is an important document for individuals who receive income from various sources. It serves as a record of how much money was earned and is used by the Internal Revenue Service (IRS) to ensure that taxpayers…
How Much Can You Win At A Casino Without Getting A Tax Form
Facts on Taxes
How Much Can You Win At A Casino Without Getting A Tax Form?
Corporate Business Taxes & Laws
Can An LLC Claim Lottery Winnings In Arizona?
Facts on Taxes
Will I Get Audited If I Don’t Report Gambling Winnings?
Seniors Report Gambling Winnings On Tax Returns
Facts on Taxes
How Should Seniors Report Gambling Winnings On Tax Returns?
Facts on Taxes
Can You Deduct Gambling Winnings?
Facts on Taxes
How Do State And Federal Tax Laws Interact For Senior Gamblers?
Federal Income Tax
Can Seniors Deduct Gambling Losses?
Tax Pay On US Lottery Winnings
Filing Taxes
How Much Tax Do You Pay On US Lottery Winnings?

Blog Categories

Capital Gains Tax

45 posts

Consumption Taxes

6 posts

Corporate Business Taxes & Laws

63 posts

Cryptocurrency

19 posts

Estate Taxes

30 posts

Excise Taxes

17 posts

Expenses

6 posts

Facts on Taxes

503 posts

Federal Income Tax

303 posts

Filing Taxes

419 posts

Gambling Winnings

128 posts

Health Care

2 posts

Inheritance Taxes

6 posts

Lottery Winnings

97 posts

Non-Profit Taxes

2 posts

Payroll Tax

12 posts

Personal Taxes

219 posts

Property Tax

41 posts

Real Estate Tax & Law

23 posts

Rental Property Tax Deductions

12 posts

Sales Tax

32 posts

Self Employed Taxes

34 posts

Self-Employment Taxes

26 posts

Small Business

22 posts

Tax Credits

11 posts

Tax Deductions

64 posts

Taxes

427 posts

Taxes & Social Security Benefits

27 posts

Value Added Tax

14 posts

Wealth Taxes

7 posts