Our guest this week is tax advisor Russell Fox. We discuss various tax situations that affect gamblers and other citizens. podcast click to listen – alt click to download Show Notes [00:00] Intro of Russel Fox of Clayton Financial and TaxableTalk.com, [email protected] [00:35] Draft Kings daily fantasy sports special at the Las Vegas Advisor. [01:43] […]
Posts tagged professional gambler
What Should I Say?
There was a news story recently that 11 years ago, a college professor had told Julian Edelman (currently a New England Patriot wide receiver with two Super Bowl rings) that his goal of playing football professional was unrealistic and he should try something else. The teacher recently sent Edelman an apology for doubting his passion […]
Podcast – guest tax man Russell Fox
Our guest this week is Russell Fox. Russell is a certified tax professional who handles many professional gamblers. We talk about strategies that effect people with gambling income. podcast click to listen – alt click to download Show Notes [1:00] Can professional gamblers use IRA accounts to even out year-to-year fluctuations? [5:20] 4 ways for non-US […]
Podcast – no guests this week part 2
This week we have no guests. Bob and Richard continue their discussion of how they got started on the road to gambling as professionals. podcast Click to listen. Alt click to download
Lessons from Chip Reese
I was reading Mike Sexton’s new book, Life’s a Gamble, in preparation for interviewing Sexton on the radio. The Sexton interview will be taped before you read this and will be posted here (that link is to the filtered podcast archives) on Thursday, July 28. The book is autobiographical, with lots of anecdotes about Sexton himself and various other […]
Podcast – guest Anthony Curtis
Our guest this week is Anthony Curtis, publisher of Las Vegas Advisor, and owner of Huntington Press Publishing. This wee we discuss the changes going on with Gambling With an Edge, and the new website GamblingWithanEdge.com. We also discuss this article on Advantage Players in the NY Times – How Advantage Players Game The System, […]
Identifying a Pattern
I planned on playing for six hours at the Palms from shortly after midnight until about 6:00 a.m. on the early morning of Wednesday, April 27. It was a double point day— I also earned points for gift cards, a small amount of value for the weekly drawing, plus my play kept the mailers and […]
Podcast – guest blackjack player Romes
Our guest this week is blackjack player, Romes. Romes has been playing blackjack, and carnival games for about 10 years. We talk about some of his team’s exploits. podcast Click to listen – Alt click to download
Podcast – guest Russell Fox #2
This week we talk with tax professional Russell Fox. Russell is based in Las Vegas and handles many professional gamblers. We discuss things like – how teams handle W2Gs, 1099s, and K1s. We talk about how to be smart about having residences in 2 states, and some tips on an HSA. podcast Click to listen […]
Life as a Master
The title of this article is somewhat tongue in cheek. A few years ago, someone called me a master because of something I’ll explain shortly. It occurred to me that many players don’t understand the day-to-day activities of a successful professional player — whether that player deserves to be called a master or not. Striving […]
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