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Old 12-29-2005, 03:13 PM
dcasper70 dcasper70 is offline
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Join Date: Mar 2005
Location: Life Has Come From My Balls
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Default Re: Question for pros, how do you \"pay\" yourself?

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Another question to add to this.

When going in the bank I often have problems getting some credit services due to not having contractual employment (and thus more guarenteed income for them).

Do you class it as simply income? Self employed? How do you get around not having a contract?

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I've often wondered this as well...

Do pros incorporate themselves, perhaps creating a LLC with themselves as the sole employee?

I've heard of groups of independant computer consultants that all work under a shell organization in order to take advantage of tax and insurance related stuff. Not sure if this type of thing would relate to the cash based poker world, but still curious...
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