Professional Gambler Folds in Tax Court Business Expense Case
Rab March 20, 2014 13:52:09
A professional gambler bet wrong in tax court when arguing that sportsbook takeout expenses should be written off business expenses. The enterprising CPA likes to frequently bet on sports in the US and tried to avoid paying tax on sportbook takeout expenses, claiming them as business expenses. The case was taken against the IRS in […]
