"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...
The Maryland Comptroller is promising changes at her agency after a printing malfunction led to thousands of taxpayers' ...
A bunch of people are getting a new tax form. I’ll tell you all about the change the IRS has put off for years that’s finally ...
The IRS’s new 1099-K rules are adding stress for a group of workers who already tend to have somewhat complicated tax situations.
It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...
By the time you start getting statements in the mail, it’s too late to make changes for most of the things on the tax return you’re about to file. The exceptions are making a traditional IRA or Roth ...
First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...
Yes, video game marketplaces can be taxed, sometimes. Whether you're making money on Eve Online or Roblox, Minecraft or ...
The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...
On 12/19/24, anticipating the 2025 filing season, the IRS published Tax Preparation 2025 Useful Pointers in IR-2024-311: ...
“Say how much you wagered, whether you won, whether you lost, the amount. That way when you put all this information in and ...
Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...