Wendell Olk v. U.S., 38 AFTR 2d 76-5219, 76-2 USTC & 9484 (9th Cir., 1976). A Las Vegas craps dealer excluded money received as “tokes” from his federal income tax return. The dealer in a craps game does not provide any special services for the players, and the players are under no obligation to make such payments. Are “tokes” received by craps dealers in Las Vegas taxable income or gifts?
Las Vegas taxable income or gifts
We help you get better grades, improve your productivity and get more fun out of college!!
Get Homework Answer for this question
Free title page
Free reference page
Free formatting
Unlimited revisions