This should end all of the false claims about paying US taxes on poker

[tagtastic]

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Our tax CPA pushed back hard when I told him that we needed to report gross wins and losses, and also when I told him that I had >$5,000 in net winnings and no W-2G. He told me that he had never had a client report any gambling winnings unless they were straight from a W-2G.

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Wow. Just.....wow.

A note to winning poker players: It pays to get a CPA that actually knows what the IRS rules are. Seriously. It's not their ass when the [censored] hits the fan....it's yours.

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The letter of the law and reality are two very, very different things.

How much money do you owe the government if you had to pay $20 for everytime you jaywalked? $100 everytime you broke the speed limit (even by 1mph)? $300 everytime you didn't come to a 100% complete stop at a stop sign?

Show me stories of poker players being audited and sent to prison. Sodomy is a crime in most states, show me porn actors being arrested. Their crimes have been very well documented.

Laws and enforcement are two very separate things. I'd much rather have a CPA with real life experience vs. one just out of school who has the whole tax code memorized.

[adanthar]

Sodomy is no longer a crime. It is on the books in some places, but enforcing it is unconstitutional after Lawrence v. Texas [img]/images/graemlins/tongue.gif[/img]

[tagtastic]

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Sodomy is no longer a crime. It is on the books in some places, but enforcing it is unconstitutional after Lawrence v. Texas [img]/images/graemlins/tongue.gif[/img]

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exactly. legislation does not mean enforcement.

[Billman]

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Sodomy is no longer a crime. It is on the books in some places, but enforcing it is unconstitutional after Lawrence v. Texas [img]/images/graemlins/tongue.gif[/img]

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Yeah Sodomy!