Subtitled A Gambler's Guide to Taxes, this book answers the most frequently asked questions about gambling, taxes and the IRS; explains the right way to report winnings and substantiate losses; and gives the reader information on how to simplify tax preparation and avoid costly mistakes. Covers reporting comps and turning them into a tax advantage, why it could be to your benefit to become a professional for IRS purposes. The author is a CPA and the book is a revised version of his earlier publication. 160 pages, paperbound, November 2003
Book Description
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
17 of 17 people found the following review helpful:
3.0 out of 5 stars
Only an Introduction to the Subject,
By Mr. Moto (Texas) - See all my reviews
This review is from: The Gambler's Guide To Taxes: How to Keep More of What You Win (Paperback)
If you know nothing about taxes on gambling this is probably a solid introduction to the subjects of record keeping and the potential impact of alternate minimum tax.
If you are a "professional gambler" there should be very little here that you don't know. There is a brief discussion of the pros and cons of professional versus recreational. Also, in passing it mentions that you file a Schedule C and that to establish as a business you need to meet standard IRS requirements, but there is no sample Schedule C here despite at least three examples of Form 1040 for recreational gamblers. About half of the book is either "filler" or "reference" from other sources.
1 of 1 people found the following review helpful:
5.0 out of 5 stars
Gamblers Guide to Taxes,
By
Amazon Verified Purchase(What's this?)
This review is from: The Gambler's Guide To Taxes: How to Keep More of What You Win (Paperback)
Full of important information, I gave it to my CPA at tax time to enlighten her of the IRS laws on gaming. Very helpful!
0 of 1 people found the following review helpful:
4.0 out of 5 stars
Book Order,
Amazon Verified Purchase(What's this?)
This review is from: The Gambler's Guide To Taxes: How to Keep More of What You Win (Paperback)
I was very pleased with my book order. I had looked at other websites for the same book at a higher price. I found it on Amazon.com for about half the price.
Share your thoughts with other customers: Create your own review
|
|
Inside This Book
(learn more)
Key Phrases - Statistically Improbable Phrases (SIPs):
(learn more)
casino gambling, gambling winnings, wagering transactions, casual gambler, sae page, gambling losses, recreational gambler, subtract line, standard deduction amount, losing tickets Key Phrases - Capitalized Phrases (CAPs): (learn more)
Attach Form, The Guide, Attach Schedule, The Court, Selected Articles, Social Security, Revenue Procedure, United States, Cohan Rule, Uncle Sam, Tax Court, Gambler's Tax Return, Supreme Court, Las Vegas, National Gambling Impact Study Commission, The Moral, Taxpayer's Name, Complete Form, Internal Revenue Service, Miscellaneous Income, The Unofficial Guide, Revenue Code, What's New Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
casino gambling, gambling winnings, wagering transactions, casual gambler, sae page, gambling losses, recreational gambler, subtract line, standard deduction amount, losing tickets Key Phrases - Capitalized Phrases (CAPs): (learn more)
Attach Form, The Guide, Attach Schedule, The Court, Selected Articles, Social Security, Revenue Procedure, United States, Cohan Rule, Uncle Sam, Tax Court, Gambler's Tax Return, Supreme Court, Las Vegas, National Gambling Impact Study Commission, The Moral, Taxpayer's Name, Complete Form, Internal Revenue Service, Miscellaneous Income, The Unofficial Guide, Revenue Code, What's New Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
What Other Items Do Customers Buy After Viewing This Item?
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
