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Olympic Medals and Taxes

Posted on August 8, 2012 by Leasa Magnuson in Individual Tax

Like the rest of the world I have been glued to the TV watching the Olympics this week. Did you know that with each medal there is a cash award associated with it? $25,000 for gold, $15,000 for silver and $10,000 for bronze. Did you know that prize money is taxable? Yep! So that means […]

View Post Olympic Medals, Wolrd Wide Income

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4025 Automation Way #D1 (Map), Fort Collins, CO 80525 - Phone: 970-226-4686