Gambling Accounting Specialists in Chico, CA

Grow Your Business with Us

The world of gambling offers exciting opportunities for income, but it also comes with complex financial and tax challenges. From tracking wins and losses across casinos, sportsbooks, and online platforms to understanding the IRS rules around gambling income and deductions, navigating this space can be overwhelming. Whether you're a professional gambler or a frequent player with sizable winnings, managing your finances shouldn’t be a gamble. At TreeStar Solutions, we understand the unique accounting and tax issues gamblers face—and we’re here to help you stay organized, compliant, and financially in control.

Our accounting professionals will plan and prepare your federal, state, and local income tax returns with the most current IRS rules on gambling income in mind. We help you accurately track winnings and losses, organize supporting documentation, and optimize deductions—so you can reduce taxes owed and stay compliant, whether you're playing professionally or recreationally.

  • Poker Players

    • Tracking tournament and cash game winnings across venues and online platforms
    • Support with categorizing professional vs. recreational status for IRS reporting
    • Assistance with documenting travel, buy-ins, and other potential deductions
    • Tax planning for multi-state play and international winnings

  • Lottery Winners

    • Guidance on lump sum vs. annuity payout tax implications

    Estate and gift tax planning for large one-time windfalls


    Assistance with managing sudden wealth and minimizing long-term tax liability


    Federal and state tax return preparation, including withholding review

  • Sports Bettors

    • Detailed win/loss tracking across sportsbooks, apps, and offshore platforms
    • Support with reporting gambling income and determining allowable losses
    • Crypto and fiat transaction reconciliation for online bets
    • Tax planning strategies for high-frequency or professional bettors

  • Esports Gamers

    • Income reporting for tournament winnings, sponsorships, and streamed content
    • Crypto income tracking for in-game rewards, NFTs, and tokenized assets
    • Support with multi-platform earnings (e.g., Twitch, YouTube, and prize pools)
    • Tax planning for international competitions and digital payouts