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Do you have to pay taxes on found money?

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Do you have to pay taxes on found money?
If you are in the US, technically that would be income and you'd have to file it under miscellaneous income, much like if it were gambling winnings.
Yes it is taxable - basically, increases in wealth are taxable. The "hidden hoard" is a famous tax case where someone bought a Piano and much latter found a hoard of $ in it. There were tax accounting issues as to the $...could they offset it by the cost of the Piano, did they actually "buy" the money when they bought the piano...etc....but the bottom line is...found value is taxable.
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