Many of the business clients I work with are either side businesses, or side businesses that are turning into "real" businesses. I've written before about the struggle of taking a side business and turning it into something more. Today, I'm going to write about the choices a business owner has with their side business when they [...]
From the Archives: Take the Money and Run? The Tax Consequences of Winning a Home in a Giveaway, Part 2
What are the tax consequences of winning HGTV dream home? Lots of tax owed, for one thing.
What are the tax consequences of winning the HGTV Dream Home? This is Part 4 of a 6-part series that examines that question.