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Report: IRS Taking Aim At Sports Bettors

by Sean Chaffin | Published: Oct 09, '24

… the blame on the IRS, which never notified about … and online gambling industries. “The IRS agreed with three recommendations … the report said. “However, the IRS disagreed with analyzing Forms … be noncompliant. Lastly, the IRS partially agreed to explore …

Las Vegas Casino Money Laundering Probe Expands

by Sean Chaffin | Published: Apr 28, '24

… . Along with the FBI and IRS, the Nevada Current recently reported …

Poker Players Should Be Aware Of The IRS Using Social Media To Collect Information

by Card Player News Team | Published: Aug 30, '17

… new report dived into the IRS’ practice of using social media … privacy. The motivation for the IRS is to streamline its collection … ’s report said that an IRS training document mentions Facebook, MySpace …

New Federal Legislation Defining Games Of Chance Also Seeks To Abolish The IRS

by Card Player News Team | Published: Jan 11, '17

A Republican Senator from Kansas has introduced a new bill that would define games of chance and impose a 23-percent tax on companies offering them. ESPN reported that the legislation in its preliminary form, which comes from Sen. Jerry Moran, is being …

The IRS Wins $8.5M From WSOP Final Table

by Card Player News Team | Published: Nov 11, '15

… Nine by taxabletalk.com, the IRS collected nearly $8.5 million … $7,683,346, so the IRS actually made more off the …

IRS Seizes Jerry Yang's 2007 Main Event Bracelet

by Brian Pempus | Published: Mar 13, '13

… was not mentioned in the IRS posting, currently owns and operates … the property, check out the IRS posting. Below is a clip …

IRS Clarifies Poker Tournament Tax Rules

by Don Shelton | Published: Oct 24, '07

… that apply to poker tournaments. IRS clarifies reporting and withholding … -57 goes into effect - IRS will require all tournament … t report the tournament winnings, IRS will enforce the reporting … taxes on the winnings. IRS also reminds tournament winners …

IRS to Collect More Tournament Poker Winnings

by Don Shelton | Published: Sep 18, '07

… Special Contributor on IRS Issues, CPA Don Shelton The IRS has … various gambling activities. The IRS is also looking at … collecting taxes without using IRS agents' time. The IRS collects data … file these electronically with the IRS. The IRS will know what …

WSOP 2007: Thor Hansen

by Tim Lavalli | Published: Jul 16, '07

… one phone call to the IRS. But Harrah's does not … and will not contact the IRS about the rule. Thor is …

IRS Has a Plan For Your Poker Tournament Winnings

by Lisa Wheeler | Published: Aug 29, '06

… by Harrah's and the IRS, at this year's World … matter of time before the IRS took notice. This year's … tournaments across the country, the IRS could put a dent in … to keep pace with new IRS or taxpayer concerns, the number …

 
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