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Search: Posts Made By: genesisgkh1
Forum: Internet Gambling 08-23-2007, 09:47 PM
Replies: 71
Views: 502
Posted By genesisgkh1
Re: New AP Layout is here

Can I still not get a deck change? I hate those white cards with a big red diamond on them
Forum: Internet Gambling 08-23-2007, 08:49 PM
Replies: 4
Views: 67
Posted By genesisgkh1
AP UB charging $8 per withdrawal

Pretty lame that Absolute and UltimateBet are now charging $8 just to get a check in the mail. Hopefully they are working on a new echeck without fees. Anyone hear any rumors about whether this...
Forum: Internet Gambling 08-05-2007, 02:04 AM
Replies: 16
Views: 178
Posted By genesisgkh1
Re: Absolute Poker or Absolute BS...

I emailed them today about an $8 charge for a check by mail. Do they have a new fee free ewallet or cashout they want you to use?
Forum: Poker Legislation 03-12-2007, 04:56 AM
Replies: 19
Views: 95
Posted By genesisgkh1
Re: I just receieved a notice from the IRS about self-employment tax

I know people have tried unsuccessfully to claim their hobbies as home businesses just for the tax write offs. By asking for SE tax, does this mean the IRS is saying your gambling is a legitimate...
Forum: Internet Gambling 03-11-2007, 07:24 PM
Replies: 13
Views: 86
Posted By genesisgkh1
Re: Problem with neteller card in canada

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If you are going to continue to use a company which screws an entire country's worth of customers, please do not be surprised WHEN they screw you. How many warnings do you...
Forum: Internet Gambling 03-11-2007, 06:35 PM
Replies: 13
Views: 86
Posted By genesisgkh1
Re: Problem with neteller card in canada

If you are going to continue to use a company which screws an entire country's worth of customers, please do not be surprised WHEN they screw you. How many warnings do you need?
Forum: Poker Legislation 03-09-2007, 04:38 PM
Replies: 3
Views: 51
Posted By genesisgkh1
Re: Possible Legal Casinos In Texas

You might not want this to happen. States which allow casinos tend to add state laws specifically banning all internet gaming. Hypocritical? Absolutely. I will vote against this. I dont want to...
Forum: Poker Legislation 03-05-2007, 04:15 AM
Replies: 6
Views: 73
Posted By genesisgkh1
Re: self employment tax?

This link is somewhat helpful, but gets bogged down with literal interpretation. According to this anyone, anywhere who played 1 hand or more of poker MUST report it on their taxes. Losing poker...
Forum: Internet Gambling 03-04-2007, 03:28 PM
Replies: 32
Views: 282
Posted By genesisgkh1
Re: Number of Winners in Online Poker?

7% of winning players is probably about right. But that certainly doesnt make it 7% of players making a living playing online poker. Over half of those winners are likely just part time, 2 or 3...
Forum: Internet Gambling 02-24-2007, 05:55 PM
Replies: 38
Views: 275
Posted By genesisgkh1
Re: Surely this is illegal?

I personally love playing against people who use these. They tend to label everyone a donk, even people who make money playing poker. Nothing better as a money making poker player than to have...
Forum: Poker Legislation 02-24-2007, 05:50 PM
Replies: 43
Views: 324
Posted By genesisgkh1
Re: Just finished up my taxes

Just net your winnings and pay the taxes on the $2600.

(People on this thread will now lose their minds. This should be fun!)
Forum: Poker Legislation 02-23-2007, 10:20 PM
Replies: 78
Views: 297
Posted By genesisgkh1
Re: Send an email.

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word. Anyone got his email?

[/ QUOTE ]

http://www.house.gov/frank/contact.html

Google is your friend.
Forum: Internet Gambling 02-08-2007, 05:21 PM
Replies: 40
Views: 188
Posted By genesisgkh1
Re: Why is PokerStars doing nothing?

[ QUOTE ]
I find it amazing that people are still blaming Neteller for what happened. If this is a site where "educated" players convene, where we've had dozens of posts outlining what happened,...
Forum: Poker Legislation 02-04-2007, 03:14 AM
Replies: 14
Views: 82
Posted By genesisgkh1
Re: Full Tilt, Stars, UB really DO NOT want poker legalized in USA

What law has Poker Stars violated? The UIGEA covers gambling, not poker. The wire act covers sports betting over phone lines, not poker over the internet. By allowing US gambling sites like...
Forum: Poker Legislation 02-04-2007, 02:37 AM
Replies: 13
Views: 86
Posted By genesisgkh1
Re: Can we lobby for legislation for getting money out

The entire tone of this thread assumes someone in congress is working in the interest of the American people. This legislation wasn't passed to protect you. Congress doesn't lobby to "do the right...
Forum: Internet Gambling 02-04-2007, 01:07 AM
Replies: 5
Views: 57
Posted By genesisgkh1
Re: If Neteller CAN pay but CHOOSES not to, is there a criminal liabil

Our country just arrested 2 neteller founders whom no longer have anything to do with neteller. The DOJ knows it has no legal authority to do so and no chance of conviction. They just wanted to...
Forum: Poker Legislation 02-01-2007, 07:14 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

[ QUOTE ]
Disclaimer: I am an attorney, but this is not legal advice, I know nothing about tax law other than my own research, etc. etc. etc. talk to a tax pro...

Russ,

[ QUOTE ]
Well, I've...
Forum: Poker Legislation 02-01-2007, 07:02 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

[ QUOTE ]
I've talked to the IRS- while the rep I spoke to was a little shaky, she basically said that a tournament is a session. A satellite tourney is a separate session from the event you're...
Forum: Poker Legislation 02-01-2007, 06:53 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

[ QUOTE ]
for example
I play recreationally and the net of my winning sessions is 8000. The net of my loosing sessions is 11,000. I have an income of 16,000 from a regular job.
When filing I...
Forum: Poker Legislation 02-01-2007, 06:45 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

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[ QUOTE ]
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...
Forum: Poker Legislation 02-01-2007, 06:35 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

BTW, in the future American companies will run taxed, regulated online poker sites for profit in our country. IMO, if you lose, nothing will be reported to the IRS and you receive no forms. If you...
Forum: Poker Legislation 02-01-2007, 06:21 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

The IRS has not defined a poker session. As far as I know, there are no hard and fast tax rules regarding reporting wins and loses by session, then having your poker site close down before you can...
Forum: Poker Legislation 02-01-2007, 05:43 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

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P.S. Stop throwing around prison. No one goes to prison for reporting their income incorrectly. Truthfully, few go to prison even in blatant cases of fraud. The IRS just...
Forum: Poker Legislation 02-01-2007, 02:13 PM
Replies: 175
Views: 794
Posted By genesisgkh1
Re: This should end all of the false claims about paying US taxes on p

Another article which states the letter of the law but takes no account of how things work in the real world. I again ask what if you multitable and count each table as a session and count breaks. ...
Forum: Poker Legislation 01-24-2007, 07:48 AM
Replies: 10
Views: 83
Posted By genesisgkh1
Re: State of the Union

Typical politician. My party in charge-earmarks OK. Other party in charge-we must stop these earmarks. Bunch of crap. BTW politicians are about as likely to ban earmarks as they are to vote for...
Showing results 1 to 25 of 42

 
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