Sorry to bring this up but it's tax filing time. Heed this fact:
the complete tax implications of winning and losing at gambling is
pretty much a mystery to gamblers. That is unless you have a copy
of Jean Scott's and Marissa Chien's revised and updated second
edition of their authoritative book
Tax Help for Gamblers. You
can avoid a dreaded IRS audit (ignorance of tax laws is no excuse)
by following the advice in their book when you file your state
and federal taxes. Read more by
clicking here.
We've postponed the second part of Vinny DeCarlo's article
(Turning the Tables on Surveillance) until the March BJI and
in its place we have another groundbreaking story by Vinny.
This month he has the inside scoop on the status of
casino surveillance in several Colorado casinos.
I attended the
2014 Blackjack Ball last month and report
on what went down at this annual get together of blackjack pros
(my report includes this year's Blackjack Ball test questions...
give it a try). We have several blackjack reports this month that
include three
North Las Vegas casinos (Opera House, Silver Nugget
and Jerry's Nugget by Stu D. Hoss); two casinos located on
Tropicana Ave. at the south end of
the Strip (Hooters and
Orleans by KC Brooks); three located in
central Kansas
(Prairie Band, Golden Eagle, and Sac n Fox by JPB); and all
the casinos in
Atlantic City (by Frank Scoblete, who also
reports on the recent demise of the Atlantic Club casino in his
report). Kenneth Smith recently spent some time in
New Jersey
to check out the new online gambling being offered there and
reports on what he found. John Grochowski responds to
questions
dealing with why casinos offer bad video poker and 6-5 blackjack
games, and the bonuses on video slot machines. Jerry "Stickman"
presents playing strategies for
short-pay deuces wild video
poker games, including NSUDW. Lastly, we have a summary of
major
blackjack tournaments courtesy of blackjacktournaments.com.
This article, which appeared in issue #130 of BJI, is a great primer on
taxes and gambling. (See also our Product of the Month).
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