On Aug. 13, 2016, the USA women’s fencing team won the bronze medal in the sabre final at the Rio Olympics. Therefore, Ibtihaj Muhammad, a member of the team, became the first American medalist who competed wearing a hijab. The U.S. crew, including Mariel Zagunis, Dagmara Wozniak, and Muhammad, defeated the team of Poland, in the […]
U.S. Olympic medalists who win medals at the Sochi Olympics will also earn large cash awards. However, these are taxed considerably above the usual income tax rate. Nonetheless, the athletes have access to reducing the taxes owed, should they bring home a medal. The medals themselves are not taxed. The right strategy can reduce the […]
