Tax Obligations

Before You Spend Lottery, Gambling or Other Winnings, Understand The Tax Rules

Before You Spend Lottery, Gambling or Other Winnings, Understand The Tax Rules

It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings, and other awards as taxable income. Knowing the basic rules can help you avoid surprises when you file your 2026 return next year. Lottery Prizes Of course, the chances

Esthefania Lopez2026-09-17T14:23:08-06:00September 17th, 2026|

Beware: Accounting Missteps Can Trip Up New Business

Beware: Accounting Missteps Can Trip Up New Business

Launching a start-up comes with no shortage of big decisions and fast-moving priorities. In the rush to grow, financial fundamentals can sometimes take a back seat — often with costly consequences. Some common accounting missteps that new business owners should avoid include: Overlooking Day-to-Day Spending. Starting a new business is exciting,

Esthefania Lopez2026-02-09T11:08:22-07:00February 9th, 2026|