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As gambling becomes more popular, accounting and tax professionals need to be prepared to work with clients who must report their betting income to the IRS, Accounting Today reported.
Linda Bruckner, a partner at Sciarabba Walker & Co. LLP and a member of the NYSSCPA's International Taxation Committee, provided a wide overview of tax treaties in her presentation at the Foundation for Accounting Education’s International Taxation Conference on Jan. 23.