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Steve and Matt Bourie, from the American Casino Guide book, interview Russell Fox, one of the nation's leading experts on gambling and taxes. Fox is the co-author of "Tax Help For Gamblers", along with Jean Scott and Marissa Chen. Look for it on Amazon. They discuss how gamblers, such as: slot machine players, table game players, sports bettors, and online casino players, can be treated differently by the IRS for tax purposes as far as requirements for receiving W2G forms. They also discuss how gambling losses can be deducted, and what kind of information is needed to provide proof of losses. They also talk about how, some gamblers could be responsible for paying state and city taxes on their gambling wins in addition to federal taxes. They also put a special emphasis on how gamblers could very easily be taxed on money that they actually didn't win! Plus, more special tax questions are answered in the discussion! FREE 14-day GOLD Membership at videopoker.com No credit card needed. Learn to play like a pro! https://www.videopoker.com/acg/ Buy video poker training software - CD or immediate download https://www.americancasinoguidebook.c... Like our Facebook page! - / americancasinoguidebook SUBSCRIBE for more videos: http://bit.ly/1G4l0xv Tips on Blackjack: http://y2u.be/5ki_92QrqfI Tips on Slot Machines: http://y2u.be/7Wkubf1PrWg Tips on Craps: http://y2u.be/7daSiVupvmY Tips on Video Poker: http://y2u.be/gLYQ3ZIowPA #casinotips #casino #taxgaming #taxplanning #gamblingtips