Chicago’s “Netflix Tax”– Spreading Due to COVID-19 »

By: Robert Niska

COVID-19 has fundamentally altered the way we all live. Americans are spending more time at home, working remotely, buying a …

WSOP Main Event 2015: Professional Poker Players & Tax Liabilities »

The World Series of Poker (“WSOP”) Main Event has concluded for 2015. The biggest winner of the WSOP will not be Joe McKeehen, but rather the United States Internal Revenue Service (“IRS”). McKeehen was awarded a life altering $7,683,346 dollars. From paper and simple glance, it seems the poker tournament has helped make the finalists into millionaires. Each of the finalists navigated through a grueling field of 6,420 participants, which included professional poker players, recreational players, and celebrities, although, the IRS will ultimately win the most money per tax liabilities. - Read more...