Posted on Feb 25, 2021
Court Rules Some Credit Card Rewards Are Taxable | One Mile at a Time
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Blog post from "One Mile at a Time". A couple attempted to massively game the system by spending over $6 million on gift cards to convert back into money orders for personal profit. They now have their rewards money being ruled as taxable income
Court Rules Some Credit Card Rewards Are Taxable | One Mile at a Time
Posted from onemileatatime.com
Money
Taxes
IRS
Posted 2 y ago
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SFC Melvin Brandenburg
You will go to prison longer for stealing than you will for drugs. The government gets pissed when they have to deal with competition.
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