Tag: nfl sportsbooks
Gamblers Still Have To Pay The Piper
September 14, 2013
Press Release for Wager Web – The NFL is back, and you know what that means: the sportsbooks are going to be overflowing with matchups on the gridiron. But what a lot of gamblers don’t think of is what it will mean in terms of taxes, and there are a few things you need to know before you start racking up the winnings, either at an online sportsbook or offline. First, you should realize that you have to let the IRS know if you have won any money, as that is taxable. There is a line on your tax report…