The gaming industry is booming. New sports betting parlors and casinos are popping up all over the country, Las Vegas is booming, lotteries and betting parlors are popular, and online...
Posted by Dennis Jao on 07/01/2022
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...
The federal government estimates that approximately 60% of people use paid tax preparers to complete and file their tax returns. If you fall into this category, you have nothing to...
Posted by Tim Thompson CPA PLLC on 06/15/2020
In general, if the IRS refuses your statement, it's probably because it contains an error other than a simple mathematical error. The IRS generally corrects mathematical errors...
Posted by Elliot Kravitz, ATP on 11/05/2019
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
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
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...
Hello everyone, TH Tax Services here today to assist you with your tax concerns this year. As the deadline for taxes edges ever closer, it is no surprise that we can feel a lingering...