Read online or download a free book: Don't Gamble With Your Taxes
Publisher: CreateSpace Independent Publishing Platform (3 Dec. 2015)
By: Jennifer Goodwin (Author)
Book format: pdf doc docx mobi djvu epub ibooks (*An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.)
Everyone dreams of winning big at a casino, but not everyone knows what to do once it happens. There are laws and loopholes and every state (or country) is different. What do you do about your comps? Or if you play skill based games online? The laws are always changing and you don't want to get caught on the losing end. In “:Don’:t Gamble With Your Taxes,”: Jennifer Goodwin discusses everything that Recreational (Casual) and Professional Gamblers need to know when filing their tax returns. Topics covered include: How to report wins, deduct losses, and creating a tax journal with records to comply with IRS requirements. Also featured are key future developments and upcoming changes in the law that every gambler needs to know about.
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