Re: My new CPA says I should file as a corporation???
Ok so if all my income comes from online poker, then I .....
- File as a professional gambler/poker player
- Keep accurate records of wins/losses
- Net wins/losses to come up with net income
- Deduct portion of utilities, mortgage, internet, computer, office furniture, garbage, lawn? snow plowing? etc
What am I missing? Is there anything else I can do to reduce my tax burden?
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