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Home Forum MTT Poker Strategy Income taxes

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Income taxes

flgtb786

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Guests

July 5, 2010 - 10:49 pm

Hey pros, how do you guys handle income tax and the irs with all of your winnings???

RonFezBuddy

New York City

TPE Management

Forum Posts: 2313

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March 17, 2010

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July 5, 2010 - 11:38 pm

Hire a CPA that understands the gambling tax code. I personally recommend Russ Fox who is a well known voice on 2+2.

Bottom line is, report it. Russ can give you more detail.

rg13

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Guests

October 4, 2010 - 4:24 am

Hey guys,, I'm Canadian and was wondering if the big dog knew any ontario acp's and or information about what the goverment expects us to be paying in taxes?

HITTHEPANDA

Guest

Guests

October 4, 2010 - 1:20 pm

I payed out my ass last year is all I know. try to keep your winnings/losses recorded throughout the year and have a CPA like ronfezbuddy said. definitely dont try to hide it if you're in the US.

Cougars4444

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Guests

October 5, 2010 - 2:00 pm

Ya hiring a CPA is your best bet here as it will def. be worth the price you have to pay them.

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