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Posted on: 23 December 2020
Winnings from sports betting are considered income, and a portion of the monetary gains are owed in the form of a federal tax payment. If you recently began wagering on t



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Taxes Don't Have to Be Taxing Nobody loves paying taxes, but doing the paperwork to submit your taxes can also be quite a nuisance. Luckily, there are tax preparation professionals who can do this paperwork for you. They'll make sure you are getting all of the credits and deductions you are eligible for so you don't pay more than the government requires. But even if you hire someone else to do your taxes, it is important to know the basics. You need to know what deductions are, when taxes are due, and so forth. Learn about these and other tax topics as you dig into our blog posts.