One might be lucky and win an award for a distinguished contribution to the community, science, or art. It is important to wonder if one needs to pay income tax. Sadly Yes!Prizes,...
Posted by McCool's Tax Service on 03/22/2021
What if you had the chance to win an award of excellence for your outstanding contributions to art, community service, or science? Do you have to pay income tax on this amount? The...
Posted by Karen Munoz, EA on 12/31/2020
