An important key to successful roulette is the knowledge on how to handle winnings. This has been one of the many culprits that brought down players to financial disaster. Playing roulette is not all about winning money. Although money plays…
Do you enjoy gambling? Many people find it enjoyable and relaxing to go to a casino and spend time at the slots or tables. A big problem we see as accountants is that most people don’t understand how the winnings…
If you make any winnings in the gambling, you need to report the full amount of the winnings for the year on line 21 on Form 1040. You can deduct the losses you make from gambling for the year, on…