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Old 08-26-2005, 02:32 PM
MicroBob MicroBob is offline
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Join Date: Sep 2003
Location: memphis
Posts: 1,245
Default Re: Just got off the phone with my new CPA...

I've seen posts on here from people who had a CPA tell them that it's not even possible to file a schedule-C as a 'professional' gambler.

not all CPA's are created equally.

There are MANY CPA's who are pretty incompetent out there from what I've read around here.
However, an open-minded CPA who pages through Gamblers Guide to Taxes just to figure out what their client is talking about (in case they've never heard of it before) should be able to do it VERY easily.


I also agree with the previous poster....if you are making that much money regularly you should probably be paying your estimated quarterly taxes.
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