02nd September 2009
Funding companies has begun making loans against lottery prize winnings. Lottery winners who need cash now have a choice between a lump sum assignment (generally taxable) or a loan (generally tax-free). In both cases the lottery winner assigns some or...
02nd September 2009
An effective tax management strategy may encompass aspects of deferral, reduction and, in certain instances, elimination of income taxes.
You are a lottery winner! Since you chose periodic payments and did not take the lumpsum the lottery offers (in...