Forum: Sports Betting
11-12-2007, 11:53 AM
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Replies: 200
Views: 4,254
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Forum: Sports Betting
11-08-2007, 04:55 PM
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Replies: 27
Views: 366
Re: What about this sport...
I realize that it would be nearly impossible to detect an attempt to throw a match. The betting action would have to point directly at that situation and even then it might still be hard to tell. ...
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Forum: Sports Betting
11-08-2007, 04:08 PM
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Replies: 27
Views: 366
Re: What about this sport...
The current payout structure on the telecasts are 25k-13k-6k. I'm not sure if it would be possible to bet enough with the low bet maxes to make up for the possibility of the bowler winning more by...
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Forum: Sports Betting
11-08-2007, 01:56 PM
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Replies: 27
Views: 366
Re: What about this sport...
Pinny did offer lines on the PBA telecasts for 3 or 4 weeks before they shut down US wagers. The lines would go up on the day of the telecast and they would create a line for the final match during...
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Forum: Poker Legislation
11-07-2007, 01:23 PM
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Replies: 27
Views: 541
Re: Online Poker Article
There is no way that the PPA could be a 501(c)(3) with its activities. Lobbying efforts alone would pretty much finish that possibility. They are a 501(c)(4) membership organization.
I found...
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Forum: Business, Finance, and Investing
10-31-2007, 09:09 AM
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Replies: 2
Views: 134
Re: study tips the final cpa exam?
It really depends on what section he has left to pass. A good trick is to see if he knows anyone that has taken that section in this testing window. Our staff in the office have found a frequent...
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Forum: Poker Legislation
09-18-2007, 10:48 PM
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Replies: 33
Views: 182
Re: FPP porsche- taxable?
The article does not say that frequent flyer miles are not taxable. The paragraph merely says that the IRS will not assert that a taxpayer has understated their personal taxes for the personal use...
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Forum: Poker Legislation
09-18-2007, 10:21 PM
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Replies: 33
Views: 182
Re: FPP porsche- taxable?
The credit card argument is comparing apples and oranges. In order to have a valid argument, you need to have an expense that was deductible for tax purposes that is not taxable when you receive a...
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Forum: Poker Legislation
08-19-2007, 11:48 AM
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Replies: 31
Views: 476
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Forum: Poker Legislation
08-18-2007, 08:47 AM
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Replies: 31
Views: 476
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Forum: Business, Finance, and Investing
08-18-2007, 08:32 AM
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Replies: 5
Views: 65
Re: Public Accounting
thing pretty much nailed all of the big points on why people leave public accounting. The only point that I would add is that money outside of public accounting is very good and the opportunities...
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Forum: Poker Legislation
08-17-2007, 07:09 PM
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Replies: 31
Views: 476
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Forum: Poker Legislation
08-17-2007, 05:45 PM
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Replies: 31
Views: 476
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Forum: Poker Legislation
08-17-2007, 05:19 PM
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Replies: 31
Views: 476
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Forum: Poker Legislation
08-05-2007, 05:17 PM
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Replies: 14
Views: 88
Re: Taxes on Casino play
Bav,
There is an important point that you missed in your example. Gsmbling losses are not subject to the itemized deduction phaseout. Your example would yield zero tax liability, however most...
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Forum: Business, Finance, and Investing
07-14-2007, 11:59 AM
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Replies: 5
Views: 75
Re: Some CPA questions....
In my area, getting to senior manager is a very long process. Two of the big 4 offices here don't have any partners and are effectively run by the office in Pittsburgh. The lack of partner...
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Forum: Business, Finance, and Investing
07-14-2007, 08:39 AM
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Replies: 5
Views: 75
Re: Some CPA questions....
Most of your questions are highly dependent upon where you end up working and the regulations in that state. I will answer everything based on my experience as a mostly tax CPA in a dead/dying city...
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Forum: Sporting Events
07-09-2007, 05:28 PM
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Replies: 631
Views: 1,946
Re: ***Offical Summer Transfer Thread***
Adu played in a friendly match against Canada before the World Cup. I would call that a full international cap that locks him into the US squad. Apparently, he was trying to find some wiggle room...
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Forum: Poker Legislation
07-03-2007, 06:29 PM
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Replies: 47
Views: 298
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Forum: Poker Legislation
06-30-2007, 06:30 PM
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Replies: 6
Views: 87
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Forum: Poker Beats, Brags, and Variance
06-29-2007, 06:48 PM
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Replies: 27
Views: 120
Re: +EV Lottery Ticket
The NY lotto that is at $65 million is not a raffle that is paid immediately.
From the NY lottery website:
The LOTTO Jackpot for June 30, 2007 will be $65,000,000.00, including the annuity...
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Forum: Business, Finance, and Investing
06-23-2007, 08:14 AM
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Replies: 14
Views: 105
Re: Becoming a CPA
The best answer that I can give you is that it depends upon the state as each state has different requirements. In NY, the work requirements are 2 years of work experience with at least 75% of that...
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Forum: Poker Legislation
06-13-2007, 08:14 AM
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Replies: 3
Views: 55
Re: A legal / tax issue
Income is supposed to be reported by the person who earned the money. The problem here is that the trail leads to an outside observer (IRS & State) seeing income to A, B & C.
I would assume that...
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Forum: Other Other Topics
05-22-2007, 06:20 PM
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Replies: 56
Views: 207
Re: Americas public schools
I can tell you about City Honors in Buffalo since I live in the area.
City Honors is a school in the city of Buffalo that takes only a certain percentage of kids from the city based upon an entry...
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Forum: Internet Gambling
05-05-2007, 12:43 PM
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Replies: 132
Views: 478
Re: Awful WSOP news from PokerStars
I think that you are misunderstanding my interpretation of driller's statement.
A person that gets into a tournament via satellite will have a larger taxable income for the entire tournament...
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