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Many people turn to The Money Guy Show for financial lessons that arent boring.

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So, if someone is interested in lowering their tax bill, this is a show to follow.

Unfortunately, not all ways are valid.

Also, learnhow to avoid bad financial advice on social media.

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Preston also pointed out, Deductible is not free.

… Youre still paying 60 cents on the dollar.

As The Money Guys pointed out, there are specific tax rules about gambling income and losses.

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Thats a lot of $1 and $2 scratch-offs.

Plus, you cant deduct more losses than youve won.

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