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taxable income

Leave It to Americans for Tax Reform to Ruin the Thrill of the Winter Olympics

It was only a matter of time. Cry cry cry, the IRS taxes income Americans earn in foreign countries, including Olympic prizes: As 230 U.S. Olympic athletes gear up to compete in the 2014 Winter Games, the only thing colder than the slopes at Sochi is the fact that any prizes awarded by the U.S. […]