If you are confused about your deductible rights as a poker player when tax time comes around, you're not alone. Tax time can be very stressful for poker players.
But don't worry — Kondler & Associates, CPA can help save you time and money in whatever your tax situation.
Kondler & Associates is a full-service accounting and financial consulting firm located in Las Vegas, NV and outside Atlantic City, NJ. The firm specializes in both individual and corporate tax preparation, and has been involved in the gaming industry for a decade. This experience is the foundation for their deep understanding of the industry and exposure to diverse gaming taxation scenarios.
PokerNews' Chad Holloway, who won a World Series of Poker bracelet and more than $84,000 last summer, went to Kondler & Associates after his victory to make sure all of his tax questions were answered.
"My biggest concern after winning my bracelet in 2013 was the tax implications being from the Midwest," Holloway told PokerNews' Sarah Grant. My [tax] guy back there told me to pay a certain amount of money, I thought I overpaid, so I decided to give Kondler & Associates a call not knowing if they could handle my taxes. They did, it was easy, and they took care of it. I got a lot of money back and it was a great decision."
Fellow WSOP bracelet winner Dana Castaneda also chose Kondler & Associates to handle her taxes after she won $454,207.
"I met Ray last year after I won Event #54 and he gave me his card," said Casteneda. "I called him probably six or seven times and asked him random financial poker questions and he answered them all for me. So when tax season came around obviously I thought of him; I went ahead and retained his services and I was extremely happy with the results."
If you would like to receive more information about their services or receive a free assessment, please visit our Kondler & Associates hub or call (702) 433-7075.