17 November 2006
It’s Fix the Tax Code Friday! Casinos are headed to Pennsylvania and many other states this year as revenue raisers for state governments. Winnings are taxable. If you lose, you can only deduct to the extent of your winnings and only if you itemize. This week’s question: Should gambling losses be deductible? Should there be [...]
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9 February 2006
The latest gambling saga to come our way involves mostly NHL athletes, including former Philadelphia Flyers Rick Tocchet and Jeremy Roenick, as well as former great Wayne Gretsky’s wife, Janet Jones. While Tocchet has been fingered as being a ringleader in the multimillion dollar racket, Roenick and Jones have been identified as merely being "involved." [...]
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