I am also staking someone this year at wsop. My question is legally what are the things to consider when staking if they win a sizable amount. If I pay the buy in how is that proven as far as taxes etc.
I am also staking someone this year at wsop. My question is legally what are the things to consider when staking if they win a sizable amount. If I pay the buy in how is that proven as far as taxes etc.
Easy question. Don't pay taxes... Stick it to the man
If you are paying the buy-ins the guy can take the time to make copies/scans of his entries and e-mail them to you:
WSOP staking tax question
http://forumserver.twoplustwo.com/32...stion-1435391/
U.S. Income Taxes re:Poker
http://forumserver.twoplustwo.com/57...-poker-740589/
WSOP prep: Tax implications of staking/profit-sharing agreements
http://aarontodd.casinocitytimes.com...reements-60836
Older articles and thread:
Tax Implications of Staking Arrangements at the WSOP
http://taxdood.com/2011/02/23/tax-im...s-at-the-wsop/
Tax Implications of Staking Arrangements at the WSOP
http://www.deucescracked.com/blogs/t...ts-at-the-WSOP
Shut it down gordo
Originally Posted by abrown83
Bribe him with cock pics.
Bukowski are you really that fucking stupid? There is a ton of info in me last post. A picture is worth 1,000 words bitch. That's more info than you know in your entire brain. My left testicle posts more info than your whole family. Don't you know how to brain bro? FUCK
Guessing Bukowski can't see the pic? Maybe http://pokerfraudalert.com/forum/sho...fox-how-to-fix
#FREEJACK #NEVERFORGET
NoFraud Online Poker Room: http://nofraud.pokerfraudalert.com:8087. For password resets and reload requests PM me.
none of this matters cause you gonna get rolled
hire a CPA/tax preparer to get your tax planning done right...if you win you will need his help preparing your return so get guidance to do things correctly now instead of giving your preparer a mess to figure out later
(long before there was a PFA i had my Grenade & Crossbones avatar at DD)
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