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Old 12-23-2005, 01:19 PM
belgianbeerlover belgianbeerlover is offline
Senior Member
 
Join Date: Sep 2005
Posts: 463
Default Re: Ed Miller\'s Tax Article

Wow- where does one start? I started playing 7-8 months ago. Everything "just clicked" 2-3 months ago, thanks to Ed, David, Mason and all the great posters here. This year-I probably should be concerned. Next year- I'll definitely have to be concerned. So my questions are:

1. Where would one find a "Pitbull" CPA well versed with gambling tax law? (I live in a small community)

2. Gambling is illegal in my locality. Am I potentially implicating myself?

3. Say I take bi-weekly withdrawals from Neteller. Can't I just claim 26 winning sessions for simplicity's sake? Is it really necessary to keep track of the 50,183(slight exaageration) tables I played that year?

I would like to start off 2006 in the right way, but have no clue what I should be doing when I sit down in front of the computer for my first 2006 session.
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