• William M. Gerhardt
• 27 May, 2021

With the recent Supreme Court ruling on the legalization of sports betting, more individuals are participating in all aspects of wagering. This has created a myriad of problems with the reporting of income from legal gambling in casinos and online and professional and amateur gamblers attempting to deduct losses and expenses. This topic will help individuals and their professional advisors understand gambling taxation, IRS reporting requirements, and the recordkeeping requirements to prepare
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