New Tax Rules Concerning Gambling Activities

The Internal Revenue Service (IRS) has historically required that gambling winnings and gambling losses be separately accounted for. matka  The reason for this has to do with the way gambling losses are deducted for tax purposes. Gambling losses are treated as an itemized deduction and reported on Schedule A of the individual income tax return (Form 1040). This creates a problem in the cases in which taxpayers cannot itemize (as is the case when a standard deduction is greater) or in which the taxpayer’s income exceeds a certain threshold (in which case the taxpayer loses part of their itemized deduction via a phaseout). In such cases the taxpayer does not get the full benefit of the gambling losses to offset against the gambling winnings. What the IRS is really after is the reporting and taxation of gross gambling winnings.

New Tax Rule:
According to a recent tax court case (Shollengerger, TC Memo 2009-36) taxpayers are allowed to net gambling winnings during a given day with gambling losses. This is a significant setback to the IRS. As an example, imagine if you were to win $2,000 in the morning at a casino and lose $900 later that afternoon. Prior to this court case, the IRS would require that you report the $2,000 in gambling winnings and then separately itemize the $900 in gambling losses on your tax return. The court instead ruled that the taxpayer in this case was permitted to net the gambling winnings for the day and report $1,100 as net gambling winnings instead of the $2,000 gross amount, the IRS mandated. The court went on to state that this “netting rule” only applied on a daily basis. It stated that a taxpayer could not net gambling winnings and losses for the entire year.

Irrespective of this change in reporting and taxation of gambling activities, there are specific accounting requirements for gambling activities. The IRS requires taxpayers to keep a diary or ledger of all gambling activities. This tax accounting requires the taxpayer to record the following information concerning various gambling activities:
1. Type of gambling activity
2. Location of gambling activity
3. Amounts won and amounts lost for every activity
4. Number of games played
5. Cost of Bingo cards purchased
6. Winnings for each Bingo card
7. Copies of Keno tickets validated by the gambling establishment
8. Copies of casino credit reports
9. Copies of casino check cashing records
10. Records of the number of races bet on (horse, harness, dog)
11. Amount of racing wagers
12. Amount of racing winnings and losses
13. Record of slot machine number
14. Record of slot machine winnings by date and time per machine
15. Table number played (blackjack, craps & roulette)

16. Table credit card data including where credit was issued

All of the above items can be supplemented by receipts, tickets etc.

Tom is a Certified Public Accountant, a Certified Financial Planner, CLTC (Certified Long-Term Care) and President of Cerefice & Company, the largest CPA firm in Rahway, New Jersey. Tom works with clients helping them manage their money, retirement planning, college savings, life insurance needs, IRAs and qualified plan rollovers with an eye towards maximizing tax benefits and minimizing taxes. Tom is founder of the Rich Habits Institute and author of “Rich Habits”.

How To Get The Best Deal On Auto Parts

Every day we are bombarded by hundreds of ads. The sales are everywhere and on everything. But, the story is different when it comes to auto parts. Unlike food, clothes, and furniture auto parts are rarely on sale. This is simply because not so many customers are interested in doing the job on their own. Most of us will take our vehicle to a professional place.

However, with this being said there is a big benefit doing the job yourself. Price is for one. One can save tremendous amount of money by replacing the parts yourself. For example, on average an auto body repair shop will charge a customer 50 dollars per hour to replace a part, and this does not even include the price of an auto part itself. used auto parts In fact the price one pays charged by a professional shop is usually double of a price one pays at the store. So where do you look for if you decides to undertake the project? And, better yet how do you know you are getting the best price.

There are different places one can look for auto parts such as local specialty stores, online stores or auto parts auctions, and last but not least junk or salvage yards. Every place has its pros and cons.

Specialty stores will always guarantee delivery, satisfaction, and better yet quality. The down side is the price. There are no such things as sales or discounts or are there? Well, the good news is you can always ask for one – you will be amazed. In many cases the store will grant you a discount based on the purchase price. You can even go further and try to negotiate a better deal but don’t go over board or you can lose it all together. The idea is to act within reasonable parameters. But, don’t rush to buy that part yet. Do some price comparisons by checking the Internet.

Internet has a wealth of information, provides a myriad of helpful resources, and enables to save more money compared to the local auto parts stores. The downside is the time it takes to find these stores, and not mentioning the additional time for the parts to arrive. A good recommendation is to check online auto parts directories such  The organization is highly selective to who gets in. This allows you to save valuable time and find credible sources.

Another option is to purchase auto parts via the bidding process held by auto parts auctions. Auctions are best known for great bargains. For one is the price control. You pay what you think the part is worth. The downside is the time it can take to for the auction to end. There are different types of auctions and many have the “Buy It Now” option to speed up the process.

In addition there are many local junk or salvage yards at your disposal. The great part is that the price is almost always lower, and it is delivered to you the same day. The downside is there are no guarantees on used parts. Although many reputable yards do provide a replacement or refund in case the part doesn’t perform satisfactory, the time replacing it again is lost.

Review Of Movie Download Sites – Here Is A Review Of Movie Download Sites That I Have Come Across

There are so many movie download sites available here on the Internet. I have put together a list of those that are the most affordable and that offer the best variety to choose from.123movies

Movie Download Sites

This is a membership site that gives you unlimited movie downloads. Their website is

There are no limits on the searches for full length, high quality movies, TV shows, games, and music. You can use this site 24/7 without any limits on content, time, or bandwidth. They also include their movie download software for FREE, along with DVD copy and burning software, movie players and tech support.

In summary;

  • Unlimited downloads with membership
  • No limits on bandwidth or content
  • Huge selection, over one-hundred million choices
  • Fast and efficient download

Another great site I came across is  Here you will find;

  • More than 100,000,000 media files at your fingertips!
  • Fast and easy downloading & iPod transfer process!
  • No monthly or “Pay Per Download” fees!
  • Members have no restrictions and unlimited access.
  • Movies, TV Shows, Music, Software, Utilities and much more

In Summary;

You will never need to buy content for your Ipod again, you will have immediate

access to the fastest iPod downloads here on the Internet. There are no time or amount restrictions and tons of benefits and bonuses. You will be protected from spy-ware or ad-ware, no surprises, and step by step tutorials that are simple to follow.

Another good website I looked into is

  • Unlimited searches and time allowed to search
  • Tens of thousands of full length, DVD quality movies, TV shows, games, music and more.
  • Download 24/7
  • No bandwidth limits
  • FREE movie download software, copy software, movie players, CD burning software
  • Professional tech support

In Summary:

This is a full time, unlimited membership site with great options.

Another great site is the

This is a site that provides you with everything you need, no limits on bandwidth, download as much content as you like with over 15 billion files to choose from. You can download MP3’s, movies, games, then burn them to a CD or DVD, fill up your library with all you need.

Here are a few of the highlights you will find on this website:

  • 250 times faster!
  • Unlimited Free Music Downloads
  • Find any Song or Movie Fast
  • Download and play all your favorite
  • Free 24 hour Technical Support
  • No Per Song Download Fees!
  • No Spy-ware or Ad-ware!
  • Highest Quality MP3 Format
  • Largest Music and Movie Selectio

Finding Good Movies to Watch: The Ultimate Checklist

Movies can get you worked up, they can make you cry and laugh. You surf through as you watch a movie. Movies can be declared as the national pastime of the United States. Each year, millions of people spend dollars amounting to 123movies billions to watch movies of their favourite stars. So you are exhausted after a day’s work and want to watch a movie, there would be practically hundreds you could watch, but are they good enough for your time’s worth. I’d say from experience that it can be quite taxing to find a good movie to watch. Enter, Internet. Why don’t you let millions of people vote to tell you which movie to watch? Just go online and see what kind of ratings your movies have. Below you can find a number of sources that can help you do just that:

Newspaper Movie Reviews – This is the oldest way our fathers invented when they wanted movies to watch. Now the medium has changed. It is the e-newspapers now. The opinions expressed about a movie in the newspaper may not always be right because after all, it is a single man’s point of view. I suggest you to follow movie critics who have a similar taste to yours and who specifically work in your genre of movies. You also need to stay away from critics who get swayed away with the hype around a big banner movie. You’ll need to search a lot to find the perfect people for your taste.

RankAMovie.com: Changing the old paradigm of genre based movie ratings, this site gives a flip by recommending users according the their needs. You might ask for a movie recommendation if you are feeling sleepy. You may even ask for a good soccer film. You’ve just been ditched! There’s a recommendation for you too. Find the category that suits you, and get the movies and their descriptions along with the user ratings that other users like you have awarded. Be sure to go back to the site and rate the movie as good or bad after you’ve seen it.

Netflix: Netflix took movie rentals to a whole new level. Once you’ve subscribed to their services, you can browse through their exhaustive collection of movies in a wide variety of genres, select the movies you want and add them to your viewing queue. These movies are then mailed to you regularly as and when you return them. They have different account levels depending on the number of movies you want each day ranging from 2 to unlimited. The Netflix website also sports a user rating system where you can rate movies on a scale of 1 (for poor) to 5 (for excellent). The user rating system helps in giving you recommendations by matching the likings of other users to yours. At an affordable price, this is the best rental service that can be imagined.

In a fast paced life, everyone has but very less time to relax. Therefore, you need to be careful about what you watch. A bad movie can waste a lot of your time if you are stuck with it and have no other option. If you are as picky as I am, you may start keeping a wish-list in which you can list all the good movies you come across, that you intend to watch.

Top 10 Horror Movies

If you are a horror movie fan you already know how intense an experience these types of films can be. There are some horror movies that combine humor with the storyline as a way of letting the audience catch their breath. 1234movies  Other “scary movies” maintain the fright factor throughout the film. Which movies you like depends on your own personal tastes but here is a list of the top 10 horror movies of all time in no particular order. These are big screen events that every horror aficionado should see at least once.

1. The Blob

Who can forget this cool movie that dates back to the 1950s. This horror movie starred Steve McQueen as a young tough with a heart of gold who battled the fierce outer space blob of goo that was devouring everyone in its path. The remake of this horror classic was not nearly as good as the original version which became a drive in staple for a number of years. This was a movie that was created when people were less jaded and although the special effects are indeed laughable by today’s standards at the time when this movie was released the audience let their imaginations provide them with the best scenes.

2. Jaws

This Steven Spielberg production still is one of the cinema greats and definitely deserves to be listed among the top 10 horror movies of all time. Who cares if no one really got to see a great deal of the marauding shark demon, this was another big screen flick that catered to imaginary fears and shocked audiences around the world with surprisingly little onscreen carnage being shown.

3. Friday the 13th

This modern day horror movie is still reeling in viewers and attracting new fans. Although an entire series of Friday the 13th films have been produced it is still the original that people remember best. Jason and that hockey mask are indelibly etched into the minds of all who have seen this “creeped out” thriller.

4. House on Haunted Hill

Is another early movie that still managed to latch onto those fears of the unknown and shock millions of frantic fans. This was a film that specialized in creating horror scenes that were more emotional than visual.

5. The Exorcist

During the 70s few films attracted the fervent publicity that this one did. When it was first released people stood in extraordinarily long lines for their chance to be part of the audience. Linda Blair shot to stardom as the young girl possessed by a demon and that scene showing her head spinning round like a top can still create chills for anyone who rents this movie. The fact that several people associated with this horror movie were injured or killed even led to conjecture that there was an “Exorcist” curse. Of course this type of gossip only made the movie more popular among the millions of horror fans around the world. The Catholic Church even had a few choice words to say against this film, but nothing was able to defeat this horror movie at the box office in its heyday.

25 Years of Fantasy Swords in the Movies – A Retrospective

Twenty-five years ago the movie Conan spotlighted the Atlantean sword. They designed and created a unique sword just for the movie and this started a new trend in fantasy movie making, and today, just about every fantasy movie is released with a collectible sword. Here is a look at some of these great movies and the swords in them.

123movie

Change your expectation for the valuable features of the

The movie Conan, with Arnold Schwarzenegger, was released in 1982 and the sword called “The Atlantean” was specifically designed for the movie and for the actor. It was given a major role in the movie because it played a major role in the Conan stories and novels written by Robert E. Howard. The sword itself proved to be very popular and replicas were created for sale on the mass market. Twenty-five years later replicas of the Atlantean are still made and sold. This sword started a whole trend in movie making and today fantasy moviemakers take great care to design, create, and market unique swords as part of the movie and as part of their marketing. This can be seen in the recently released movie 300, which has caused a resurgence in the gladiator type sword. And the new Harry Potter movie will spotlight a sword wielded by Harry himself. This sword replica has already been released and is available in currently limited quantities on the mass market.

The Highlander movies, (First installment released in 1986) are another good example of the sword as a centerpiece of the movie. The swords play a major role in the film plot in that the sword must be used to dispatch a foe, and consequently, to gain the foe’s powers. In the first film a Scottish Claymore was used and as the Highlander moves through time into the present he switches to a highly stylized version of Japanese katanas. This use of the Japanese katana is one of the earliest examples of mass marketing of Japanese swords and this has been very successfully followed in the Kill Bill movies.

Braveheart (released in 1995) is a good example of using replica swords that stay true to the flavor of the time period they portray. Mel Gibson wields a number of different weapons that stay accurate to the time of the movie. These weapons include a war hammer and a flail. The most famous of the weapons that he wields is A Flamberge which is a two-handed sword with a leather wrapping around a portion of the blade which allows the user to choke up on the weapon and use it in close combat situations.

Blade (1996-2004) is a series of vampire movies that use a variety of weapons including flailing, and whipping weapons. The primary weapon of the main character (Wesley Snipes) is a Japanese Katana that has the added effect of a booby trap. If a person picks up the weapon they have a few seconds to press a secret button. If they don’t, secret blades pop out of the handle damaging the hand that is holding it. This series of movies are another good example of how the Japanese katana has become very popular in the movies.

Gladiator (2000) is a good example of how the weapons of the high Roman era have made their mark on movies and on the collecting of swords. The Roman Gladius wielded by Maximus (Russell Crowe) is a good example of the weapon that was wielded at the time and it is still a popular choice of weapon collectors.

The Lord of the Rings trilogy of movies (2001 – 2003) have had an impact on the collecting of movie swords that goes beyond all other movies. This movie returned the collector to the art of the pure fantasy sword much like the Conan sword. While the trend in movies was to create period accurate replicas this series of movies moved the whole trend toward the creation of fantastic blades that represented the wielders personality. Each major character in the movies has his own or her own weapon. Each weapon is unique, and easily available on the mass market for collectors.

Eragon (2006) continues the tradition of unique fantasy sword in that the main character wields a beautiful sword called Zar’roc. This sword has a blue Sapphire mounted at the base of the hilt and the sword itself has significant power and symbolism. It plays an important role in the movie and an important role in the replica collection world.

The past twenty-five years of filmmaking has given us a wonderful selection of fantasy swords that are both accurate reproductions from the real swords of the past and exciting creations of fantasy that never existed except in the minds of writers and blacksmiths. This trend was first started with Conan and over the next twenty-five years we are sure to

Guidelines For Writing Movie Reviews

A movie review gives indication as to whether or not others will find the movie worth watching. The purpose of most movie reviews is to help the reader in determining whether they want to watch, rent or buy the movie. solar movies The review should also give enough details about the movie so that the reader can make an up-to-date decision as to whether to watch the movie or not. At the same time, the review should not give away too much of the essential plot of the story.

In this article we will be discussing the guidelines that should be followed while writing a movie review. Before starting to write a review, the writer should remember the following procedure:

– Selecting the movie

– Knowing the context of the movie, such as it’s director, actors, story and many more

– Formulating the writers opinion in one sentence

– Selecting special scenes from the movie or other facts that will support the writer’s opinion.

The first step in writing the review is to watch the movie. Most take notes as they watch the movie. Watching the movie a second time helps to absorb a lot more detail about the movie. Most movie reviewers give their personal opinion of the movie in their review. In all good journalism, the reviewer should always give impartial details, and allow the reader to make their own opinion as well.

Reviewer’s opinions should be explained to allow the reader to determine whether the readers would agree or not. The reviewer also needs to consider the audience. Writing a movie review for children requires a different approach than if writing for a general movie audience. The review should always be written keeping the targeted audience in mind. The main essence of the movie should be retained in an outlined sketch — but it should always be remembered not to give away any essential details like surprises or a sudden turn in the plot.

Details of actors, crew members, directors should be mentioned in the review. It should also be mentioned how well they have acted and how well the movie has been made technically. The technicalities are an important part of the review. Technicalities include art direction, music, editing lighting, cinematography and many more.

Movie reviews even include a little bit of criticism if needed. Criticism says what could have been done to make the film better or what the weak points of the movie are. Though critical analysis is not always needed, a word or two can serve the purpose in a movie review.

Conclusion

A reviewer must always remember to give an outline of the whole story, but not give away details which hold surprises or the special essence of the film. It should be kept untold for the audience to watch the film. The review should be written keeping a note of the types of readers who would be reading the review. The language, presentation

Movie on Demand Distribution For Indie Filmmaking Cats

Like many independent filmmakers out there afdah hd movies I was disappointed with how the traditional distribution deals for my movies turned out. This is kind of like my Jerry Maguire moment. It’s 6 AM on a Saturday and I’m on my laptop. Making smaller budget movies outside of Hollywood without name stars severely limits your distribution options. 9 out of 10 times it leads to a filmmaker signing a deal with a independent distribution company that doesn’t pay off. You basically sell the rights to your movie for pennies on the dollar. Not to mention your sweat equity and creative energy that goes unrewarded. Bottom-line is most independent filmmakers don’t come close to breaking even with these type of distribution deals. It’s down right frustrating.

After going through this myself I started to rethink if making independent movies was worth it. Then my friend, editor Tim Beachum, who follows tech trends in entertainment told me, “You love to make movies. Don’t stop. Just rethink how to get your movies distributed to viewers.” I watch videos on YouTube, MetaCafe, Dailymotion and other sites. Free content is cool, but independent filmmakers need to earn money from their work like the rest of the world. Free doesn’t pay the bills. Then I started to look into sites that offered movies on demand for a modest fee. I saw that this might be the best platform to get my movies seen by viewers and hopefully earn a living.

I started to research how different movie on demand sites worked. Netflix “Watch Now” Downloads is revolutionizing the way viewers get their movies. Hollywood dominates the movie on demand market, but independent movies are carving out a their own place. Independent filmmakers no longer have to shoulder the cost of DVD replication and packaging. Some independent distributors charge filmmakers as much as $4 for these costs on top of their distribution fees.

Offering your movie on demand eliminates that. Not knowing exactly how to jump into the movie on demand market I enlisted the help of respected independent film representative Mark Steven Bosko of The Bosko Group. Great guy. He secured a movie on demand deal for 3 reality videos I produced while I took a break from making movies. The videos are available to viewers on most major cable and satellite outlets. There are no high DVD replication, packaging, and distribution fees. Movies on demand is a digital process. Once your movie is encoded it can be streamed to viewers.

I have to give credit where credit is due. Editor Tim Beachum said, “Why don’t we make a wide range of videos for mobile devices?”

I was an independent filmmaker used to the traditional way of getting movies distributed. Now I can see that the movie on demand process gives filmmakers a wide audience and a real opportunity to earn money for their hard work. Movies on demand has leveled that playing field. Digital distribution has made it an exciting time to be a filmmaker. It has renewed my creative spirit.

Slice of Americana Films [http://www.sidkaliflicks.com/] is a tight-knit crew that produces indie cinema and video on demand programming. Founder and filmmaker Sid Kali is best known for his hard-hitting urban movies that feature authentic characters, sharp dialogue and provocative storylines.

Sid’s book The First Movie Is The Toughest [ht

An Ideal Personalized Present – Movie Gift Baskets

Finding the ideal gift can often be a difficult chore. yes movie free If you find that you tend to run out of ideas for what to give your friends and loved ones, this article about movie gift baskets is for you. The baskets are ideal gift-giving solutions, and you’ll actually have fun preparing them. They are so versatile that they can be given for all occasions and you can personalize them to please and delight everyone you offer them to. After all, everyone derives pleasure from watching movies while eating their favorite snacks.

Movie gift baskets are perfect romantic Valentine’s Day gifts, for example. Prepare a basket containing your special girl’s favorite chocolate, popcorn and / or candy and one or two romantic movies you know she’ll enjoy. The Internet is a great place to look if you’re not sure which movies to buy. Your friend is bound to appreciate the thoughtfulness of personalized movie gift baskets, and you’ll spend a lovely evening together right at home. Don’t forget to stock up on your favorite drinks too.

These gifts don’t always have to be romantic. This is one gift idea that you can adapt to any occasion. Rather than mindlessly buying flowers for sick relatives or friends, show how much you care by offering them movie gift baskets. Simply fill up a basket with small snacks or fruit and add a couple of funny movies to raise the spirits of the ill person and help him / her to get better. Boredom often aggravates a bed-ridden person’s condition, and movie gift baskets are an excellent way to fill up the long hours and raise the spirits of any depressed patient. Making an effort to find out which kinds of movies the person prefers and including those in your basket will make it a memorable gift that will be even more appreciated.

Baskets containing candy, popcorn and a selection of scary movies are perfect to offer your friends on Halloween too. Christmas and Easter are other occasions when movie baskets can come to the rescue! There’s nothing easier than making a Christmas movie gift basket. Holiday season candies and great Christmas movies are available everywhere. Choose classic Christmas movies for older people and movies like ‘The polar Express’ for children. Gift baskets for Easter can contain things like colored jelly beans and bunny-shaped Easter chocolate, plus religious movies or any traditional entertainment movie you know our friends enjoy. As you can see, movie gift baskets are the ultimate personalized, fun to make presents for everyone, at any time!

In fact, you may find yourself making up your own special occasions just for the fun of preparing them. One idea, budget permitting, is an ‘Academy Awards Night’. Prepare gifts that contain popcorn flavors and one or more of the Academy Awards nominated movies. Another idea would be setting up a ‘Classic Movie Night’ where the baskets would hold some of your and your friends’ favorite old movies. You could even ask your friends to chip in and make these on a monthly basis, enjoying a movie night in your homes on rotating schedule. These baskets can also keep family members happy if you go on vacation to a place where television channels don’t offer much to see.

There’s really no limit to what you can add to movie gift baskets. Personalize them to suit both the occasion and the people who will be using them. In addition to popcorn and movies, you can include such things as movie guide booklets, plastic forks for greasy popcorn, paper napkins, nuts and lollipops; the list is endless.

Three Most Underrated Bollywood Movies in Recent Times

Every year, there are a couple of movies that pass unnoticed at the Box office barometer, and even the critics cannot do justice to the movie at the end of the day. These underrated movies are then relegated to the Film Festivals and movies 123 other such scenarios, which might, or might not be financially rewarding for the people behind the films. Here are three grossly underrated movies that released in recent times, movies that were taken over by the superhero flicks and the mindless action jaunts that were the talk of the town that week, month, and year.

#3 Manorama Six Feet Under

This movie ranks so low in the list because it did succeed in making a buzz before the release, and that is just because it had Abhay Deol, Gul Panag, Raima Sen and Sarika in the movie. Murder mysteries are never a good idea for the Bollywood box office, and this one wasn’t just a murder mystery, it was a political thriller that had some shades of sexual crimes too. Not just the concept, but the screenplay and direction were so brilliant that people somehow failed to understand what the movie was all about. Others might say that Dor is the movie that made Gul Panag, but we think it is her subtle performance of a common housewife that would endear her to people, more than the Dor character. This is the career defining role for Abhay Deol, and if you haven’t seen him in this role, you haven’t seen him anywhere.

#2 Striker

Striker is one of those unfortunate movies that launched during a sudden bandh, and the movie never caught up on Saturday. The movie stars Siddharth and Aditya Panscholi in a career defining and redefining role, and is one of the most hard hitting movies that gave people a brutal and realistic look into the world of crime in the seventies, eighties and nineties. The movie was set in Malad Malwani, two areas that have been routinely used in Bollywood movies, right from the iconic climax in Don to the place where one of the main protagonists in Madhur Bhandarkar’s Fashion lived, but nobody has been able to capture the squalor and culture that Malwani has.

On the whole, while the movie told the story of one young boy who tries to stay away from the mafia, crime and corruption, it actually tells the story of how a whole city changed from a simple fisherman and trader’s world to something that was much, much murkier and evil that what could be found even in the most well written pulp fiction comic book of the West. Striker makes one believe that there is a Gotham in every city, state and country, just waiting to be discovered.