Our guest this week is tax advisor Russell Fox.  We discuss various tax situations that affect gamblers and other citizens. podcast click to listen - alt click to download Show Notes [00:00] Intro of Russel Fox of Clayton Financial and TaxableTalk.com, [email protected] [00:35] Draft Kings daily fantasy sports special at the Las Vegas Advisor. [01:43] Do new tax laws affect end of year planning? [03:39] Are there any recent legal decisions that affect gamblers and taxes? [05:14] Could the next Congress pass any important tax bills? [06:53] Could you postpone claiming a jackpot for tax purposes? [10:49] Are lottery tickets deductible from gambling winnings? [15:11] Does the IRS accept win/loss statements? [17:16] How will the larger standard deduction negatively affect amateur gamblers with only a few W2Gs? [19:52] Would claiming $100,000 in wins and $100,000 in losses trigger an audit? [25:21] Would gambling winnings in the U.K be transmitted to the IRS? [27:07] Discussion "gambling sessions." [32:10] SouthPoint Casino - Walmart gift card promotion, Thanksgiving Hot Seat promotion, Senior Day Mondays [33:17] AutoSlash.com - six things that listeners should know about saving money on rental cars. [35:03] Videopoker.com - free membership offer for GWAE listeners, "Stack the Deck" is the game of the week. [36:58] Do poker winnings in Texas have to be reported? [38:02] Discussion of the tax implications for a team consisting of an amateur gambler and a professional gambler. [43:52] Does being barred from a casino affect a player's ability to get win/loss records? [47:16] Can a professional gambler take the foreign earned income exclusion? [51:30] Should enrolled agents violate federal law or state law when there is a conflict? ClaytonTax.com TaxableTalk.com LasVegasAdvisor.com DraftKings.com AutoSlash - http://autoslash.com SouthPoint Casino - https://southpointcasino.com/ https://www.videopoker.com/gwae