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  • What is a Casino Win/Loss Statement?
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    What is a Casino Win/Loss Statement?

What is a Casino Win/Loss Statement?

A casino win/loss statement is a report or letter from [...]

2018-05-24T21:57:11+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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  • When are Casino Win/Loss Statements Sent?
    Gallery

    When are Casino Win/Loss Statements Sent?

When are Casino Win/Loss Statements Sent?

Many gamblers and tax professionals want to know when casinos [...]

2018-05-24T21:58:03+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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  • Why the IRS HATES Casino Win/Loss Statements
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    Why the IRS HATES Casino Win/Loss Statements

Why the IRS HATES Casino Win/Loss Statements

The IRS hates casino win/loss statements for two main reasons [...]

2018-06-11T16:06:46+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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  • Why the US Tax Court HATES Casino Win/Loss Statements
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    Why the US Tax Court HATES Casino Win/Loss Statements

Why the US Tax Court HATES Casino Win/Loss Statements

  Over the years, the US Tax Court has reviewed [...]

2018-06-11T15:51:09+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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  • Why Gamblers LOVE/HATE Casino Win/Loss Statements
    Gallery

    Why Gamblers LOVE/HATE Casino Win/Loss Statements

Why Gamblers LOVE/HATE Casino Win/Loss Statements

Gamblers love to use casino win/loss statements because it is [...]

2018-05-24T22:02:28+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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  • Why Everybody HATES the “Disclaimer” Language in Casino Win/Loss Statements
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    Why Everybody HATES the “Disclaimer” Language in Casino Win/Loss Statements

Why Everybody HATES the “Disclaimer” Language in Casino Win/Loss Statements

Without exception, every casino win/loss statement has some type of [...]

2018-05-24T22:03:43+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Taxation of Gamblers|
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Why the IRS LOVES for Gamblers to Use a Gambling Diary to Track their Wins and Losses

The reason why the IRS loves gamblers to use a [...]

2018-05-24T22:07:12+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Gambling Diary, Taxation of Gamblers|
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What is a “Gambling Session”?

Section 165(d) of the Internal Revenue Code provides that losses [...]

2018-05-24T22:01:28+00:00By Reece Morrel Jr|Categories: Tax Preparation and Resolution|Tags: Casino Win/Loss Statements, Gambling Session, Taxation of Gamblers|
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RECENT POSTS

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