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Understanding Taxes and the Law

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Hopefully, you remember the old saying: Only two things are certain in life — death and taxes. In casinos, two outcomes are also inevitable. First, the house always wins in the long run. Second, when gamblers somehow turn the tables and get lucky in the short run, Uncle Sam wins too.

You may wonder how the federal government actually gets its share. This section covers all the important tax-related issues of gambling and helps you keep complete records, so you aren’t scratching your head when tax day comes around.

Casino Gambling For Dummies

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