Skip to main content
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…
Facts on TaxesFiling TaxesTax CreditsTax DeductionsTaxes
December 4, 2023

How Taxation Affects Your Investments?

In the intricate landscape of financial planning and wealth accumulation, investors navigate not only market fluctuations but also the often-overlooked terrain of taxation. The symbiotic relationship between investments and taxation is a critical aspect that can significantly influence the growth…
Facts on TaxesFederal Income TaxFiling TaxesPersonal TaxesSelf Employed TaxesTaxes
December 4, 2023

How To Report Tutoring Income On Taxes?

Navigating the intricacies of reporting tutoring income on taxes is a crucial aspect of ensuring financial compliance for individuals engaged in tutoring services. As the demand for personalized education rises, many individuals find themselves providing tutoring services either as a…
What Are The Best Corporation Business Tax DeductionsCorporate Business Taxes & LawsFacts on TaxesFiling TaxesSmall BusinessTax DeductionsTaxes
December 4, 2023

What Are The Best Corporation Business Tax Deductions?

In the intricate realm of corporate finance, understanding and strategically utilizing tax deductions are crucial for businesses aiming to optimize their financial health. Corporations navigate a complex landscape of tax regulations, and identifying the best business tax deductions is not…

Filing Taxes Topics

Corporate Business Taxes & Laws

Can An LLC Claim Lottery Winnings In California?

Lottery winnings can be a life-changing event for an individual or group, including Limited Liability Companies (LLCs). However, if you are a member of an LLC in California, you may be wondering if your company can legally claim lottery winnings.…
Facts on Taxes

How Do I Prove Gambling Losses On My Taxes?

The thrill of trying your luck at a casino, betting on sports, or even participating in friendly poker games can be exhilarating. However, when it comes to tax season, many gamblers find themselves wondering how to handle their gambling wins…
Federal Income Tax

What Percentage Of Tips Should I Claim In Canada?

Navigating the complex landscape of tip reporting is a crucial aspect of financial responsibility for individuals employed in service-oriented industries across Canada. As tipping culture evolves, understanding the percentage of tips to claim becomes a pivotal consideration in ensuring both…
Facts on Taxes

How To Pay Taxes When You Are Depressed

Paying taxes is a necessary responsibility for every citizen, but it can become an overwhelming and stressful task, especially when you are dealing with depression. Depression is a mental health condition that affects millions of people worldwide, and its symptoms…
Facts on Taxes
What Tax Rate Applies To Gambling Winnings On A 1099?
Facts on Taxes
What Is Individual Income Tax?
Filing Taxes
Do Seniors Have To Pay Taxes On Lottery Winnings In Georgia US?
Facts on Taxes
What If I Made A Mistake On My Tax Return Canada?
Facts on Taxes
Do I Have To Pay State Taxes On Gambling Winnings?
Claim Lottery Winnings Under An LLC
Facts on Taxes
Can You Claim Lottery Winnings Under An LLC?
Corporate Business Taxes & Laws
Can An LLC Claim Lottery Winnings In New Mexico?
Does Virginia Tax Lottery Winners
Facts on Taxes
Does Virginia Tax Lottery Winners?
Capital Gains Tax
How Can I Reduce My Taxes When Selling Stocks In The US?
Facts on Taxes
Can You Buy a House If You Owe Taxes?
Does Colorado Tax Lottery Winners
Facts on Taxes
Does Colorado Tax Lottery Winners?
Facts on Taxes
What Are The Different Taxes You Must Pay In Canada?

Gambling & Lottery Winnings Tax

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…
Facts on Taxes

What If I Lost More Than I Won Gambling?

Gambling can be a thrilling and exciting activity, with the promise of big winnings and the chance to strike it lucky. However, what happens when the odds don't work in your favor and you end up losing more than you…
Facts on Taxes

Do You Have To Pay Taxes On Bet365?

In the ever-evolving landscape of online gambling, platforms like Bet365 have become synonymous with excitement, thrill, and the prospect of winning big. As the popularity of these platforms grows, so does the need for clarity on the financial implications that…
Corporate Business Taxes & Laws

Can An LLC Claim Lottery Winnings In Alabama?

Lotteries have always been a popular form of gambling, with millions of people buying tickets every year in hopes of winning big. In Alabama, lottery tickets can be legally purchased, but the question arises whether an LLC can claim lottery…
Facts on Taxes
What Happens If I Don’t Report My Gambling Winnings?
Facts on Taxes
Can Seniors Deduct Gambling Losses From Their Winnings For Tax Purposes?
DraftKings Tax Deductions
Facts on Taxes
Are DraftKings Losses Tax Deductible?
Facts on Taxes
How Much Taxes Do You Pay On Slot Machine Winnings?
Facts on Taxes
How Much Does The Average Gambler Lose In A Lifetime?
Facts on Taxes
Are Sports Betting Losses Tax Deductible?
How Much Can You Win At A Casino Without Paying Taxes
Facts on Taxes
How Much Can You Win At A Casino Without Paying Taxes?
Pay Taxes On Sports Betting In Canada
Facts on Taxes
Do You Pay Taxes On Sports Betting In Canada?

Blog Categories

Capital Gains Tax

44 posts

Consumption Taxes

6 posts

Corporate Business Taxes & Laws

63 posts

Cryptocurrency

17 posts

Estate Taxes

30 posts

Excise Taxes

17 posts

Expenses

6 posts

Facts on Taxes

500 posts

Federal Income Tax

302 posts

Filing Taxes

418 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

216 posts

Property Tax

41 posts

Real Estate Tax & Law

23 posts

Rental Property Tax Deductions

12 posts

Sales Tax

32 posts

Self Employed Taxes

33 posts

Self-Employment Taxes

26 posts

Small Business

22 posts

Tax Credits

11 posts

Tax Deductions

63 posts

Taxes

424 posts

Taxes & Social Security Benefits

27 posts

Value Added Tax

14 posts

Wealth Taxes

7 posts