Master of Science in Hotel Administration
Number of Pages
It has been said that the only sure things in life are death and taxes, and while this is most certainly true of the former, the later will require mastery of the tax code and ensuing cases before you will have a complete picture. The tax code, which started out as a 400 page document is now some 3,387 pages long with a voluminous amount of tax court cases to interpret the code, and many issuances by the Internal Revenue Service to provide further clarification of the code. Somewhere intertwined in the tax code and the ensuing court cases is an explanation of how gambling winnings and losses are taxed by the federal government. This paper will explore the topic and bring clarity to those interested in understanding how gambling winnings or losses are treated by the US tax code.
Gambling — Taxation; United States
Gaming and Casino Operations Management | Hospitality Administration and Management | Taxation
Haushalter, Todd, "Taxing matters: How the US Tax Code affects gamblers" (2010). UNLV Theses, Dissertations, Professional Papers, and Capstones. 651.