Hollywood, CA/ USA – July 26, 2018: Oscar golden award in a souvenir store on Hollywood Boulevard. … [+] Success and victory concept getty Some say that an Oscars statuette is the most val...
Tag: IRS Form 1099
Johnny Depp Can Write Off Legal Fees, Amber Heard Can’t, Here’s Why
Talk about a doubly whammy. After the $10,350,000 verdict she owes Depp, Amber Heard’s lawyer says the actress can’t pay Depp the whopping verdict the court says she owes him. Add to that ...
IRS Taxes Kentucky Derby Wins, But Can You Deduct Losses?
Rich Strike’s improbable Kentucky Derby win made the owner flush, with a $1.86M purse on a horse that only cost $30,000. There were plenty of other winners too, for anyone bold and prescient enough to...
Oscar Nominees Pay Tax On $140,000 ‘Gifts’—IRS Form 1099 Says No Gift
Everyone likes free stuff, no matter who they are, and the Academy Awards every year hands out pricey gifts. Maybe things are more austere this year, since a gift bag for top nominees in the past has ...
Jeopardy Champ Amy Schneider Faces Big Taxes On 40 Wins
Jeopardy Getty Images It can be mesmerizing to watch Jeopardy! especially when someone you are rooting for is doing well, is super smart, and makes you think. That was so with Amy Schneider, but her 4...