Re: taxes
Taxes are due on gambling winnings when they are earned, not when they are cashed out. If anyone is cashing out large sums of poker eanings he (or she) can afford to spend some $$$ and consult a true tax professional who can assess what he (she) must do to comply with the US Tax Code. Don't listen to a bunch of posters on an Internet gambling chat room, though some of us are CPAs or lawyers [img]/images/graemlins/wink.gif[/img]
One day the Congress will wake up and legalize Internet gambling. Then each site will have to provide the player with the proper 1099 form, which will make evading the tax man EV-.
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