|For instance, the IRS is known to add gross receipts of all gambling winnings
& stock/security transactions directly to your tax return gross income.
This is done either by the IRS Service Center, during local audit or when the IRS files
“substitute returns” for a taxpayer who hasn't filed tax returns voluntarily.
|In either case the result can be devastating...
Big Tax on Little or No Actual Net Profit..
|All of that will translate into artificially inflated tax liabilities.
|Tax problems involving Gambling & Investment Losses commonly have several things in common
|Gambling & Investment Losses
|Tax Crisis : Business or Personal
|Complete this Contact Form immediately.
We'll respond with our initial thoughts and comments.
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