Tax Warrior Chronicles

Gambling Income and Losses – Tips for Tax Returns

Posted on Mon, Aug 18, 2014

The Tax Warriors® practice their craft in a region full of gaming houses.  Delaware, New Jersey and now Pennsylvania all have a significant footprint in the gambling industry on the east coast. So it behooves us to know the ins and outs of how gaming winnings and losses may affect tax returns. These states also participate in the Powerball lottery in addition to having their own individual lottery drawings and various horse racing venues.  Delaware even has sport wagering.

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Court Rules Online Poker Accounts Must be Included on FBAR, Disregards IRS Instructions

Posted on Tue, Jun 10, 2014

United States v Hom

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