Lottery Winnings – The Burns Firm – Advisors of Complex Financial Matters

What are the tax implications of winning money or valuable prizes?

October 5th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Gambling Winnings, Services, Tax, tax accountant, Tax Advisor|Tags: cpa near me, Dallas CPA, Gambling Winnings, Lottery Winnings, tax, tax accountant near me, tax advisor, Tax and My Winnings, Tax on Gambling Winnings, The Burns Firm|

If you gamble or buy lottery tickets and you’re lucky enough to win, congratulations! After you celebrate, be aware that there are tax consequences attached to your good fortune. [...]