Some Congress members are calling for tax-free medals. Good thing the bill won’t go anywhere.
Michael Phelps’ retirement will have him seeing green. The Olympic star already has plenty of “medal” as a sponsor.
Olympic medalists earn a bit of cash, but the IRS still gets a cut. One senator wants to make the medals and honorariums tax-exempt.
Olympic athletes outdo most of us from physical standpoint and they lead the way in managing their finances, according to a study by TD Ameritrade.