A Tax Guide For Jackpot Winners

Getting ready for the financial (and life) decisions after hitting a big jackpot
KISSIMMEE, Fla. - Jan. 10, 2021 - PRLog -- Deducting The Right Way® adds another book to their collection: The Mini Tax Guide For Jackpot Winners: An Inside Look At Your Post-Winnings Financial Life written by award-nominated authors Iris K. Palma, JD, and Thomas J. Williams, EA.

Winning a jackpot often leads to more financial worries and decision-making than you realize. The mini-book offers guidance on gambling taxes, prize acceptance options, tax forms, asset preservation, and more. You can apply the tips to bingo, slots, raffles, or lotteries.

"A jackpot may or may not be in your future. But if you enter to win a game of chance, you might as well be ready," said Palma. "Our book boils down key topics about gambling winnings, so you can make informed decisions," added Williams.

You can buy The Mini Tax Guide For Jackpot Winners: An Inside Look At Your Post-Winnings Financial Life for yourself or as a gift for a family member or friend. Available on Amazon worldwide in paperback and Kindle.

About Deducting The Right Way®: We are building a community of entrepreneurs who use the do-it-myself model to handle their business finances, but want professional guidance along the way. Our self-serve options include free and paid resources for bookkeeping, accounting, and tax. Visit our website at www.deductingtherightway.com and check out our book Deducting The Right Way: Untangling Small Business Accounting & Taxes.
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