Gambling Is My Business:
A Financial Organizer for Professional Card Players & Other Gamblers
Unless you know exactly what the IRS expects of those they consider to be operating in a “hobby” field, your tax return will never be prepared in an audit proof manner. Chances are, without this book, you will not even know how to protect yourself.
Gambling as work is thought to be a “hobby” by the IRS, unless you can prove differently!
This book simplifies IRS tax laws as they apply to independently employed gamblers, and teaches them a simple method for proving they’re a business, allowing them to take every tax deduction allowed and produce low-audit returns.
Learn what gamblers can and cannot deduct, how to quickly sort receipts, how to document that you’re really serious about your work, how to produce audit-proof records, and how to create a simple report, with all of the numbers necessary to prepare a Schedule C tax return.
KiKi Canniff writes books about the IRS rules in an easy-to-follow manner. Workers in a hobby industry, like gambling, will find them easy-to-follow. Two books in the hobby field were just re-released with updates. These books are great for the current or upcoming tax season.
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