New Jersey legalized sports betting in June 2018, which turned the Garden State into one of the most active markets in the U.S. Sports betting platforms like DraftKings, FanDuel, BetMGM, and Caesars help to generate billions in handle annually. However, many players overlook the complex tax obligations at both the federal and state levels. A specialized sports betting CPA (Certified Public Accountant) who understands New Jersey’s unique regulatory system is a necessity for minimizing tax…