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Tips On Taxes And Sweepsta...

Tax season is upon us, making this a good time to pass along relevant information about sweepstakes prize wins and taxes. Most of this information is targeted to US residents. Canadian sweepstakers abide by different laws, and I’ll give a few details on that as well. All sweepstakes wins are considered income, and they are taxed by the US government the same as other types of prize of chance wins....

Do You Care What People Th...

The word seems to be spreading “out there” that most sweepstakes and contests are legitimate and not “a scam” as generally believed years ago. Blame the popularity of social media for this. It seems that every large company has a fan page and is running a sweepstakes these days. When you see brand name companies running giveaways, it’s pretty obvious they’re trying to...

5 Secrets To Winning Recip...

Entering contests is one of the best ways to increase your odds of winning a prize. For the uninitiated, a contest is very different from a sweepstakes because you are compelled to perform a task in order to enter. It may be a random draw, but you must enter a photo, essay, recipe or whatever the sponsor requests to be entered. Your odds of winning are better because the majority of potential entrants...

It’s Illegal To Char...

No matter how big or small a company may be, it’s still illegal for for-profit companies to demand a purchase to enter a sweepstakes. Over the years, I have seen companies of all sizes violating this law, which falls under federal consumer trade law as administered by the FTC (Federal Trade Commission). It’s relatively rare, but this happens often enough to keep me annoyed. The biggest and most...
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