For everyone who has recently monitored the tech news, you would have noticed the frequent mention of NFTs alongside Bitcoin and blockchain. This has attracted many artists and artisans...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/24/2021
Amnesty is an expression of forgiveness on the part of the federal government to its citizens. The choice is not to punish a business, an individual, or an entity for a crime. Under...
It's tax season! Tax return companies and DIY software vendors work hard to convince individual taxpayers that their services and products are the way to maximize tax refunds or...
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...
What is a private activity bond (PAB)?PABs are tax-exempt bonds distributed by or on behalf of a state or local authority to provide special financial benefits for eligible projects....
You’ve waited all year, finally got your team drafted and now, game on! But, leave it to the IRS to collect a share of your team’s earnings. This year, certainly,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/09/2018
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
For many individual tax payers who prefer to stop by a casino for a relaxing day of cards or slots, it might surprise you to know that your winnings from the trips to the casino are...