Vince Nardone: Tax and Controversy

Ohio Income Tax Deduction for Gambling Losses in 2013

Guest Author: Matthew R. Porter, Esq., Columbus, Ohio This article provides a synopsis of the new Ohio income tax deduction, and provides guidance on how it effects the tax deductions for amateur gamblers. At Nardone Law Group, LLC, our tax... Read more →

Filing Requirements for Foreign Financial Accounts and Assets

Guest Author: Tawnya Underwood, Columbus, Ohio The tax professionals at Nardone Law Group, LLC want to remind taxpayers of the upcoming deadline—June 30, 2012— for the Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (“FBAR”). The FBAR... Read more →

Tax Penalties for Failure to Qualify as a Professional Gambler

Guest Author: Matthew Porter, Esq., Columbus, Ohio This article addresses an important issue affecting those taxpayers who are considering classifying themselves as professional gamblers. If you file a tax return as a professional gambler and the Internal Revenue Service disagrees,... Read more →