Prediction markets are booming. How to tax winnings is anyone’s guess
Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Prediction markets are booming, with monthly trading in the billions and a recent estimate from a consulting firm saying that the relatively new phenomenon could grow to $1 trillion by the end of the decade. That’s a lot of […]
How to avoid taxes on savings account interest
Savings accounts help you earn money and prepare for financial rainy days. They also protect your savings from loss due to bank failures, fire, theft, and more. But if you’re earning interest on a savings account, there is one downside: the taxes. For most savings accounts, the IRS takes a portion of the interest you […]