Tax Help for Gamblers

Poker & Other Casino Games

Jean Scott, Marissa Chien (Autoren)

Buch | Softcover

192 Seiten

2012
Huntington Press (Verlag)
978-1-935396-51-2 (ISBN)

Infos

Now fully revised and updated to reflect changes in tax law since it was first published in 2007, this book deals with the innumerable nuances and grey areas of gambling and taxes. It covers all the whys and wherefores of this complex subject, including tax-code specifics, record-keeping, filing your tax return, state-tax considerations, and audits and other tax problems. Numerous charts and forms help you see the practical application of the information. The book is for recreational and professional gamblers, including low and high rollers, table-game and machine players, video poker and live poker players, online enthusiasts, international and cruise ship players, and people who live or gamble in states with income taxes. Whether you are a do-it-yourself tax filer or you use a tax professional, this is an indispensable guide to staying square with the taxman.

Autor

Jean Scott is the author of four books in the Frugal Gambler series. She's a writer, speaker, and television personality, a veritable spokesperson for low-rolling gamblers nationwide. Co-author Marissa Chien is an Enrolled Agent and the president of her own firm, Advantage Tax Plus, Inc, where she provides tax accounting, financial planning, and wealth management services to her clients. She is a graduate of the University of Michigan and has approximately 300 individual and corporate clients, including Jean Scott and Phil Gordon as well as other poker champions and professional gamblers.

Inhalt

Foreword; The Basics; Player Record-Keeping; Special Gaming Situations; Filing Your Tax Return; Federal Government Issues; Tax Help for the Poker Player; Audits & Other Scary; State Taxes: States Add Insult to Injury; How All 50 States Handle Gambling Wins/Losses; Whos Who in the Tax Business; Useful Websites; Part III: Appendices: Government Forms; Appendix A1: Form W-2G; Appendix A2: Form 1099-MISC; Appendix A3: Form 5754; Appendix A4: Form W-7; Appendix A5: Form 1042-S; Appendix A6: Form W-9; Sample Tax Forms; Appendix B1: Recreational Gambler: Non-Itemized; Appendix B2: Recreational Gambler: Itemized; Appendix B3: Professional Gambler; Appendix B4: State & Federal Tax Forms for Indiana Residents; Basic IRS Information for Gamblers; Appendix C: Revenue Procedure 77-29; Appendix D: Groetzinger Case Gambling as a Business.

Produkt-Details

• Verlagsort: Las Vegas
• Sprache: englisch
• Maße: 140 x 216 mm
• Gewicht: 227 g
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
• Themenwelt: Sachbuch/Ratgeber ► Freizeit / Hobby ► Spielen / Raten
• ISBN-10: 1-935396-51-X / 193539651X
• ISBN-13: 978-1-935396-51-2 / 9781935396512
• Zustand: Neuware