I haven't paid taxes on mine yet (which I won in 2011) based on Russ's advice and the doctrine of constructive receipt:

http://www.taxabletalk.com/2011/12/2...ll-tilt-poker/

That would be one of your defenses but I doubt it would work. If I had a large balance that was mostly winnings I'd be praying that the IRS wouldn't be looking into the matter at all but, if they did, it was after I got my money.

You know, if you weren't looking for proof of this everytime someone posts about the subject, it wouldn't be so easy to re-convince yourself of this over and over.

I'm sure your head exploded when you heard news from reliable sources that the DOJ told GBT to get stuffed because they were trying to screw ROW players. But I'm sure you also convinced yourself that couldn't be possible because that would go against everything you already decided about the world.

Can I do a transfer from FTP to the US government to pay my taxes? Since I can't get anything out of the former, and the latter seems to be holding onto some funds, maybe they can just set up a Pay Tax from Account button?

Yeah, anything he says is likely to be correct. But anyone who played and won in 2010 should have already paid their taxes in 2011 even if you left your whole roll on FTP and still haven't seen it back.

Not really sure Russ is saying you don't have to pay as proving constructive receipt may be difficult. It might be easier for the pro to get a way with there still can be issues. Here is a few threads where the matter was discussed by Russ and other tax experts.

http://forumserver.twoplustwo.com/57...riday-1047014/

http://forumserver.twoplustwo.com/57...t-etc-1062603/

nova you're referencing two different things. One is a casualty loss which you most certainly can't claim at this point (as the money is not definitively gone). The other is not having constructive receipt for winnings in 2011, which when it comes to FTP is pretty easy to prove.

The site went down. They were having cashout issues for months. If you didn't get your money you didn't have constructive receipt. This doesn't mean you don't have to pay taxes on it, it just means you don't have to pay taxes on it until you get it. If you never get it then you never pay taxes on it.

Russ also does my taxes (and I file pro) and he didn't have any problem with applying this to my 2011 winnings on FTP.

ok, thx for the explanation. Kind of sucks for you guys I guess.

And I'm pretty sure we used to play 2/4 together ^_^

Heres a new an article. Not seen the site before but it was linked by pokerscout.
http://www.rakebackcodes.com/news/51...ilt-poker.html

I cashed ou twice had money in bank account within 3 days each time. (Germany )First cash out was on bf when the news broke for like 2.5k second cash out was 2 weeks before FT went offline for 1.2k.

another BS chinamaniac based story

The author is Steve Ruddock, who I've not heard of, but he claims his been hearing the same stuff as chinamaniac, so it's not rally just based on chinamaniac. I've no idea if it's credible

I got 2 cash outs in the UK for 3k and 8k but took a lot longer the 3 days. The secound took about 20 days. Then I tryed a third for 8.5k, and I'm still waiting for that one.

Ow the percentage got another level now.
(...)"Also what I reported recently has been RE-CONFIRMED 1 zillion, trillion , gazillion percent that employees have been hired by Stars and are already training". HE SAYS.

Probably cuz its another forum and you need to emphasize to be heard.
I lol'd.

Whenever I read the gamingawards articles they always seem to put in a line about "we're hearing the same from our sources" after rehashing whatever they read in this thread or elsewhere. My gut instinct is that they basically just make that up completely so they can make it sound like they're reporting independently confirmed info rather than just rehashing something they read online.

When I read this article and Ruddock made the comment, I thought the exact same thing. If he was truly hearing "the same stuff" from his "sources", he'd likely just say that, rather than having the entire article centered around Chinamaniac's posts, with him throwing in "oh btw I'm hearing the same thing kthx". As much as I'd love to believe articles like that, the B.S. alarm goes off big time when I read that.

Ah, yes. I'd forgotten you had ever played in my neck of the woods. Cheers!

From here:

They only had 6M left but a year later that expensive office is still running.
Where is all that money coming from?

Im Estonian, but i used uk loyds for deposits and withrawals. I made my last casout 2 days prior to ftp being shut for 500 pounds and it arrived few hours before ftp was shut :O

obv staked like eDog, JRB and BB by Tapie and other smart but not smart enough people.
Seems cool these days to scam people and average people like to be associated with crooks and have a laugh on behalf of the missery of others.

One scenario may be that the owners are paying for it. A lot of inside people, old team pros etc. keep stating how they did not think that Howard and Chris intentionally took all the money and they are actually really upset about the situation and want to get the players there money back ( Yeah I know, blah blah blah).

If this is actually true there would be no reason to think that if they still have access to some of their\our money, they may actually be using some of it to keep the business ticking. I mean I assume that people with 10’s of millions of dollars probably have money all over the place and not in their names, so the DOJ may not have got all of it.

Of course the bolded part is true, how could it not be? FTP was a total once in a lifetime gravy train opportunity. They had it all and wrecked it. Who wouldn't be upset by that? If either of those two had it in their power to put things back the way they were, they would.

They obviously don't have that ability. They made a string of horrible decisions that you can almost guarantee they wouldn't have made had they foreseen the consequences.

It's like how people claim Bitar is working hard to make a deal.... isn't that obvious? Do people really think he's just sitting there trimming his goatee and eating lobster waiting to go to jail, when he still has outs?

So banning chinamaniac then enforcing the rule of no more rumours without giving up sources was a wise idea then? Cos it seems to me that all srg rj has achieved is making people now go to other forums for updates and inside info.
Well done. Clap Clap.

Well, he's right that the negotiations are continuing. The other rumors he claims to have heard are false.

Lol, I believe this was in reference to his claim that for over a month now, high level PS employees have been in Dublin doing tech training, supposedly in order to assure that the relaunch happens at, or near to, time of an announcement. I said it then, and I will repeat it now, it doesn't matter how many zeros he adds to his percentage claims, it is not true.

zillion and gazillion are non-existing numbers right? lol