State laws generally govern the gaming industry. These laws can be very or less strict, depending on how the state views the industry, and most laws are aimed at promoting responsible...
Posted by Flynn Financial Group Inc on 03/05/2021
The gambling industry in America is booming because fresh casinos and sports betting centers are springing up in various parts of the country. People that enjoy gambling know and realize...
Posted by Tiffany Gaskin on 01/06/2021
We define backup withholding as a form of federal tax withholding on income that wouldn't usually require tax withholding. While some forms of income are not subjected to taxes,...
Posted by The TaxAdvocate Group, LLC on 12/31/2020
The American gaming industry is booming. New sports casinos and bookies are popping up across the country, Las Vegas is booming, lotteries are popular, and online gambling is great....
Posted by The TaxAdvocate Group, LLC on 08/13/2020
Betting makes up about 30 to 40 percent of the global gambling market. Those who casually visit casinos are not aware of the rules involved with Sports Gambling and Taxes....
Filing taxes is a time when some people are seeking the biggest refund, and others are just looking to owe the IRS less money. In order to accomplish these goals, people are...
Posted by TAX-Net LLC on 12/03/2020
A lot of people are indulged in betting on the games especially over the super bowls games. The engagement of sports has compelled IRS to take out rules over the betting along with...
Posted by Larry D. Tew, EA on 05/30/2018
Gambling is any form of betting, gaming, or participation in a lottery. For a bet to legally qualify money must exchange hands, and activities must be licensed for the behavior to...
Posted by TAX DEBT GENIE, LLC on 03/05/2018
Maybe that big weekend in Vegas didn't turn out like you had hoped. Perhaps you like to play the ponies on a routine basis. It doesn't matter what particular game you prefer,...
Posted by J.R.'S TAX SERVICE on 02/14/2018
