Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Internet Gambling > Internet Gambling
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 01-19-2007, 12:47 PM
Jugador Jugador is offline
Senior Member
 
Join Date: May 2004
Posts: 110
Default Tax filing recommendations?

I've been playing semi-professionally for the past year. This would be my first year filing taxes as a pro, as this was my only source of income. Would anyone have a company they would recommend to help with the tax filing for the upcoming season?

Any recommendations are greatly appreciated! I ran a search for "taxes" and "filing" and didn't come up with anything useful over recent posts.
Reply With Quote
  #2  
Old 01-19-2007, 01:38 PM
slim slim is offline
Senior Member
 
Join Date: Dec 2002
Location: Ontario, Canada
Posts: 1,432
Default Re: Tax filing recommendations?

I would recommend you don't pay taxes. But that is more from a self righteous point of view than a legal point of view. Paying taxes especially with the US ban is ridiculous to me but there are many who will disagree as was shown in a thread I made 2 yrs ago.
Reply With Quote
  #3  
Old 01-19-2007, 01:42 PM
RoundGuy RoundGuy is offline
Senior Member
 
Join Date: Oct 2006
Location: Buying more VO, ldo
Posts: 1,932
Default Re: Tax filing recommendations?

[ QUOTE ]
I would recommend you don't pay taxes.

[/ QUOTE ]
Yeah, because us poker players don't have enough problems to deal with already. Let's throw tax evasion into the mix. What the hell....
Reply With Quote
  #4  
Old 01-19-2007, 01:54 PM
slim slim is offline
Senior Member
 
Join Date: Dec 2002
Location: Ontario, Canada
Posts: 1,432
Default Re: Tax filing recommendations?

[ QUOTE ]
[ QUOTE ]
I would recommend you don't pay taxes.

[/ QUOTE ]
Yeah, because us poker players don't have enough problems to deal with already. Let's throw tax evasion into the mix. What the hell....

[/ QUOTE ]

If anyone plays regualr home games and pays taxes, then I suppose you should pay taxes for online poker too.
Reply With Quote
  #5  
Old 01-19-2007, 01:59 PM
DING-DONG YO DING-DONG YO is offline
Senior Member
 
Join Date: Feb 2006
Location: ninja modng, bitches, u need 2 recanize
Posts: 8,122
Default Re: Tax filing recommendations?

OP, you should post in legislation. Bottom line is you should pay esp if poker is your main source of income. The recreational player that makes 1-2K per year can get away with not paying, the pro who makes 30K+ really can't.
Reply With Quote
  #6  
Old 01-19-2007, 02:22 PM
SMACK BOOTY SMACK  BOOTY is offline
Senior Member
 
Join Date: Nov 2005
Location: Hope is a bad hedge.
Posts: 242
Default Re: Tax filing recommendations?

Good book to buy: Tax Help for the Frugal Gambler. By Marrissa Chen and Jean Scott. Huntington Press. 800-244-2224. email cs@huntingtonpress.com.
I don't play professionally, but I hit a big bad beat jackpot in 2005, and needed help figuring out what to do, since the casino reported the income to the IRS.
Reply With Quote
  #7  
Old 01-19-2007, 03:30 PM
DoGGz DoGGz is offline
Senior Member
 
Join Date: Oct 2005
Location: Grinding?
Posts: 545
Default Re: Tax filing recommendations?

Find a local CPA. Call them up and ask them about your situation, and you should be able to tell right away if they have experience dealing with cases like yours. If he seems clueless, just call another one.

My CPA does a great job, even though I'm one of the first gamblers he's worked with.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 11:40 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.