Does Social Security Change If You Move States?​

Does Social Security Change If You Move States?​

Key Takeaways  Moving to another state generally does not change your Social Security benefits because Social Security is a federal program based on your earnings history and claiming age—not your state of...

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What Is an IRS LT11 Notice? 

What Is an IRS LT11 Notice? 

Key Takeaways   An IRS LT11 Notice is a Final Notice of Intent to Levy, meaning the IRS may begin collection actions if your tax debt remains unresolved.  Receiving an LT11 Notice does...

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Do You Have to Pay Taxes on Gambling Winnings?

Do You Have to Pay Taxes on Gambling Winnings?

Key Takeaways   Yes, gambling winnings are taxable. The IRS generally requires taxpayers to report all gambling winnings—including casino jackpots, sports betting income, lottery prizes, and online gambling winnings—even if they do not...

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