Current Tag: Gambling losses

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The Phantom Income Trap: When Washington Decides You “Won” Money You Never Kept

POSTED: December 9, 2025

The utter absurdity of the new tax code just when we thought they fixed the broken old one, what's next? It was new tax laws...

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The Two M's: Money Management

POSTED: March 1, 2019

When you play the horses today you have a plethora of opportunities to go after. Back in the day before simulcasting you were pretty much...

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Backside Blurbs

POSTED: February 26, 2019

Bad news in Kentucky. They changed the Kentucky tax laws for 2018 as it pertains to gambling winnings. Kentucky, home of the greatest two minutes...

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A wise man once said: "Horses humble everybody"

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