The money you make off the sale of a collectible is reported on Form 8949: Sales and Other Dispositions of Capital Assets and attach this to your Form 1040 or Form 1040-SR. You must include the ...
Recently, a NASCAR reporter shared a post on his X account about former NASCAR Cup Series driver Harry Grant's race-winning iconic #33 Skoal Bandit car being auctioned online. He highlighted the ...
On Friday, NASCAR submitted a legal filing over the matter of whether or not 23XI Racing and Front Row Motorsports asking a federal judge to force the transfer of a purchased Stewart-Haas Racing ...
NASCAR race weekends will look different in 2025. In a press release sent Thursday, NASCAR announced that practice and qualifying procedures will be varied in the 2025 season, depending on what ...
Understanding whether an item qualifies as a collectible is key since the classification affects the applicable tax rate on capital gains from its sale. But keep in mind that not all items that ...
NASCAR's relentless pursuit of innovation continues as plans begin for the Gen-8 car, promising to integrate cutting-edge technology while maintaining the focus on sustainable and cost-effective ...