How to avoid poker taxes

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Gambling losses are indeed tax deductible, but only to the extent of your ... lotteries; raffles; horse and dog races; casino games; poker games; and sports betting ... Therefore, at best, deducting your losses allows you to avoid paying tax on ...

Jul 16, 2016 · Do you remember when James Woods beat Doug Polk heads-up at the World Series of Poker? You should because it's a critical lesson in how to avoid table-talk tax. Poker news | PokerStars players avoiding tax PokerStars’ new Nordic-facing gaming industry site was set up in part to sidestep winnings taxes. Hosted at PokerStars.eu in Malta, the site is drawing on a European Court of Justice (ECJ Taxes - How soon before he's caught by IRS? - General Poker This is a discussion on Taxes - How soon before he's caught by IRS? within the online poker forums, in the General Poker section; I know this kid (and he is a kid) who's a reg at $25/$50 NL at a

Dec 1, 2015 ... WSOP Main Event 2015: Professional Poker Players & Tax Liabilities ... amateur poker players can avoid trouble with the IRS by hiring a tax ...

Meanwhile, other pros have a PAYE job which guarantees them a small income ( and often avoid tax) while they concentrate on their poker career. Gambling Winnings Tax on Foreign Nationals | US Tax Return and IRS How to claim a tax treaty and tax refund for nonresidents? ... are several ways to avoid or to minimize gambling winnings tax on foreign nationals. ... Las Vegas is famous for hosting professional poker tournaments and other gambling events. WSOP Main Event 2015: Professional Poker Players & Tax Liabilities

4) China: The Chinese love gambling – poker included. But outside of Macau, gambling is illegal in China. The extent of enforcement varies and at the moment, PokerStars is accessible, but it still seems like an unnecessary risk to play from …

What Taxes Are Due on Money Won Gambling in Las Vegas?

Video Poker - Avoiding Tax | GamblingForums.com

Let James Woods Be a Lesson: How to Avoid Poker's… Do you remember when James Woods beat Doug Polk heads-up at the World Series of Poker? You should because it's a critical lesson in how to avoid table-talk tax. How to Play Texas Holdem Poker | Hands and... |…