View Single Post
  #23  
Old 09-01-2007, 03:49 AM
LearnedfromTV LearnedfromTV is offline
Senior Member
 
Join Date: Jun 2005
Location: Coaching
Posts: 5,914
Default Re: New Tax Law - Witholding

[ QUOTE ]
[ QUOTE ]
also, this really really sucks. i need to speak to an accountant about wtf im supposed to do moving forward.

[/ QUOTE ]

What's the issue "moving forward" if you intended to pay your taxes, anyway?

[/ QUOTE ]

Not the end of the world if you pay your taxes but:

- The money from people who weren't going to pay taxes leaves the poker economy.

- Government doesn't immediately refund the same percentage from tournaments in which you don't cash, which hurts cash flow.

- Makes backing situations more confusing.
Reply With Quote