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Here's your money briefing for Tuesday, October 3rd.

I'm Ariana Spru for the Wall Street Journal, filling in for J.R. Whalen.

This year, people have been paying hundreds or sometimes thousands of dollars for event tickets.

Whether it's to see Lionel Messi, fresh off of his World Cup win, or three hour long Taylor Swift show.

People were buying and reselling these tickets at a high price.

Not me, I held on tight to my Swift tickets.

And while high prices and a little embarrassment clearly didn't sway me to sell,

the idea of making a profit on these tickets tempted many fans to sell their seats.

But a new tax law could mean a different kind of surprise song,

for anyone who took in more than $600 a year from reselling tickets.

To be clear, if you sold a ticket and profited any amount in the past,

that technically always has been considered taxable income,

that you're supposed to report to the IRS,

but what we're seeing now with these changes is that it's going to be a lot harder to skate through with those.

The IRS wants to capture that income and that revenue.

We'll talk to Wall Street Journal music industry reporter Anne Steele about the ins and outs of the law,

ahead of tax season. That's After the Break.

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come in to meet your team at City National Bank.

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