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08-29-2017 , 09:16 PM
#1
pocket_zeros
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Pooh-Bah
Join Date: Jun 2008 Posts: 4,389
Might be of interest/concern to some of the high-profile poker pros and vloggers.

http://taxprof.typepad.com/taxprof_b...ivacy-law.html
IRS mining social media for tax cheats Quote
08-29-2017 , 10:44 PM
#2
TRUSTtheDRAWCESS's Avatar
TRUSTtheDRAWCESS
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veteran
Join Date: Nov 2016 Posts: 2,775
Ok. Doesn't mean Poker players are tax cheats. Sure, some may be, but there are lots of other people cheating on their taxes.
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08-29-2017 , 11:05 PM
#3
whitemares
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Pooh-Bah
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At least as far as the vloggers, I'd guess that only the Trooper is going to be concerned.
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08-30-2017 , 10:46 AM
#4
sump
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Quote:
Originally Posted by whitemares
At least as far as the vloggers, I'd guess that only the Trooper is going to be concerned.
I'm sure he reports all of his losses regularly so he shouldn't be concerned.
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08-30-2017 , 11:30 AM
#5
Izen
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newbie
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bold
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08-30-2017 , 09:13 PM
#6
CHICKSDIGLONGBALL
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centurion
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gg instagram gamblers that only post winners and dlt losers
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08-31-2017 , 03:52 PM
#7
michelle227
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Join Date: Jul 2007 Posts: 2,177
Don't be stupid on social media and there is no issue...same thing as the idiots that post about their vacation while ON vacation and then are surprised that someone broke into their house while ON said vacation...
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08-31-2017 , 06:01 PM
#8
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Adjusted
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adept
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I deleted all of my social media and now have only a couple fake accounts. It isn't only the gubment to worry about, you can be fired from your job just for having an opinion nowadays.
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09-10-2017 , 06:10 PM
#9
CHICKSDIGLONGBALL
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centurion
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Kind of sucks tho. Would be good for the game if 'pros' could be more open about there year to year results online, in blogs, social media, etc
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09-11-2017 , 01:20 AM
#10
unclegoose999
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Taxation is theft.
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09-11-2017 , 01:28 AM
#11
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cAmmAndo
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The Situation
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Quote:
Originally Posted by mrfunnywobbl
Ok. Doesn't mean Poker players are tax cheats. Sure, some may be, but there are lots of other people cheating on their taxes.


You become a tax cheat the moment the IRS says you are and remain one until you prove otherwise.


Sent from my iPhone using Tapatalk
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09-11-2017 , 09:45 AM
#12
p2 dog, p2
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Carpal \'Tunnel
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poker market cap down, IRS market cap up
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09-11-2017 , 11:02 AM
#13
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robert_utk
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Not From the UK
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Never had a social media account, but never because I thought it was +EV IRS mining social media for tax cheats
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09-11-2017 , 04:19 PM
#14
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BGnight
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Quote:
Originally Posted by unclegoose999
Taxation is theft.
+1
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09-11-2017 , 04:24 PM
#15
Kelvis
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banned
Join Date: Dec 2013 Posts: 8,737
Are we going to see a lot of downswings from now on on social media? "Dusted off another stack, won't make a profit this year if this continues"
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09-11-2017 , 04:25 PM
#16
domgio7
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journeyman
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Quote:
Originally Posted by CHICKSDIGLONGBALL
Kind of sucks tho. Would be good for the game if 'pros' could be more open about there year to year results online, in blogs, social media, etc
They can be open about it, they just can't cheat on their taxes afterwards.

Maybe this is why Dwan always claims to be such a looser over seas. Or at least why he would never make it public how much he is up.
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09-11-2017 , 04:41 PM
#17
AnonMicroGrinder
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Quote:
Originally Posted by domgio7
They can be open about it, they just can't cheat on their taxes afterwards.

Maybe this is why Dwan always claims to be such a looser over seas. Or at least why he would never make it public how much he is up.
either that or he might want to keep getting invited to the insane high stakes games with massive whales. not sure what would motivate that want, just putting the idea out there
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09-11-2017 , 10:47 PM
#18
unclegoose999
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Pro tip. I always make a decent withdrawal from the ATM every time I go play poker.

I always keep the receipt and I never win.
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09-11-2017 , 11:01 PM
#19
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King Spew
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Just average
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Quote:
Originally Posted by unclegoose999
.......... and I never win.
You might want to rethink this one, Pro.
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09-11-2017 , 11:22 PM
#20
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.isolated
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Pro tip: talk about tax evasion on a public forum. A+ idea!
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09-11-2017 , 11:22 PM
#21
unclegoose999
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Quote:
Originally Posted by King Spew
You might want to rethink this one, Pro.

If you don't get it....then I can't help you.
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09-12-2017 , 02:32 AM
#22
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phunkphish
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Tax avoidance = good
Tax evasion = bad
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09-12-2017 , 02:56 AM
#23
SSKS
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old hand
Join Date: Oct 2012 Posts: 1,468
this is why canada is the best.
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09-12-2017 , 06:15 AM
#24
AnonMicroGrinder
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enthusiast
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Quote:
Originally Posted by phunkphish
Tax avoidance = good
Tax evasion = bad
tax avoidance = neutral
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09-12-2017 , 07:57 AM
#25
FunkyVT
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newbie
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Quote:
Originally Posted by AnonMicroGrinder
tax avoidance = neutral
tax avoidance is why you pay an accountant to sign their name to your taxes
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