What To Know About Credit Card Rewards And Taxable Income
We’ve partnered with American Express to bring you personal finance insights, advice and more. Check out Credit Intel, Amex’s financial education center, for more personal finance content.The obvious upside that draws so many people into the world of credit card rewards is the ability to save hundreds or even thousands of dollars a year on travel, while simultaneously enjoying valuable travel and lifestyle perks. Any time you receive something of value, whether as a gift, a payment or a benefit, you should also consider the tax implications to make sure there are no unpleasant surprises come April....