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Do I owe taxes on my table games profits?1 August 2010
Hi Tony: First, the taxes. You are responsible for paying taxes on your wins for any given year. You can deduct your losses from those wins but if you have a surplus then you owe Uncle Sam his cut. So you should keep a record of all your play, especially since you go to the casinos quite a bit. You would certainly be making a good decision to take one of our Golden Touch dice control courses. The private sessions can be arranged by calling 1-866-SET-DICE. However, you might be better off taking one of our Primer Courses since you get great individual attention and the fees are quite reasonable. Becoming an MVP or elite dice controller takes a lot of work and a lot of practice. At the close of this e-mail is a list of all of our classes for the remainder of 2010 and for 2011. For your e-mail I am giving you a free 30-day subscription to my private members-only website at www.goldentouchcraps.com. We have over 5,000 members on this site and I think you will enjoy it. All the best in and out of the casinos! Frank Remaining Golden Touch Dates for 2010: Chicago: Friday, September 24: Dice Control Tune-ups Las Vegas: Friday, October 22: Dice Control Tune-ups Golden Touch Dates for 2011: Atlantic City: March 18, 19, 20 or 25, 26, 27 This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Related Links
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