A high roller who bet on some creative tax accounting has lost an appeal in court. The Canadian man tried to deduct more than $96,000 in gambling losses as business expenses.
Read about it here: http://blogs.findlaw.com/legally_weird/2012/02/casino-losses-arent-deductible-biz-expenses-judge-tells-gambler.html?DCMP=NWL-cons_blg-weird
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