The Cost of Olympic Gold

By |2017-08-09T21:21:32+00:00August 17th, 2016|Categories: Tax Planning|Tags: , , , , , , |

As the world is struck by Olympic fever, we stand in awe of the commitment these athletes have made to become the best of the best.  Have you ever wondered, is that Olympic gold medal taxable?  The medal is considered a prize, and the U.S. taxes the value of prizes. Some may think paying tax [...]