Can Gambling Losses Be Deducted from Your Tax Return?

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Can Gambling Losses Be Deducted from Your Tax Return?

A subway hero explains

The New York City subway system is a scene of many oddities: preteen break dancers spinning on the floor, beggars clanging paper cups full of change, crazies ranting about conspiracy theories, tourists huddled around the map asking directions to Times Square, and commuters whose threshold for weird is so high that they barely raise their eyes from their Kindles.

But tax advice? That’s one of the few things you generally don’t see in Gotham’s labyrinthine tunnels. Last week, however, as I rode home weary from a day of tax writing, the subway tax advice barrier was broken.

A workman – his clothes and work boots scuffed and dirtied by a day of heavy labor – sat… Read more…

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