Re: Neteller and the IRS
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Do you guys pay taxes on what you win, or what you cash out?
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People do go to prison for this and [censored] their lives up.
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I think it's very difficult to take people seriously when they make up [censored] like this. It's okay to advise people that they should be paying their taxes (duh), but the chance of facing jail time because you made a few thousand dollars playing poker but did not report it is essentially nil.
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I am a CPA, I've been doing this for 10 years, I regularly advise people on 2+2 and I know what I'm talking about. I'm not making [censored] up.
"fudging" your taxes for a few grand will probably not land you in the can, sure.
However, it sounds like the OP is talking about felony tax evasion. That is willfully and consciously hiding income from the government for the purpose of not paying taxes on it. The OP is talking about tens of thousands of dollars. That isn't peanuts and the IRS might just prosecute someone for that.
I said "People do go to prison for this and [censored] their lives up". Which is true. I didn't say the OP would go to prison necessarily, but people do go to prison for tax evasion. Don't believe me? Google "Richard Hatch"
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