November 19, 2008
Speaking of Austin … though I’ve still got nothing on any room violence down there, super-secret powerful inside sources do tell me that 2008 WSOP 4th place finisher Ylon Schwartz is in A-town right now … visiting a friend and supposedly shopping for a condo. I gotta think the quiet Brooklyner would fit right in the Austin scene. Income taxes in Texas (none) are much better, too. Perhaps Schwartz hasn’t cashed in his winnings yet?
Posted by
DanM at 1:38 pm
October 20, 2007
Over 100 people signed up for the first annual CPPC, and for its inaugural installment, the hosts seemed pleased. Not only were the attendees excited to be there, but they seemed inspired by the speakers – taking notes, asking questions, talking strategy and game tips during breaks. Some of the speakers set up exhibits to sell their books, distribute info about poker lessons and organizations like the PPA, and computers were even provided for the ability to e-mail members of Congress in the ongoing fight for poker rights.
Some key ideas from the day’s speakers:
• “If your only goal is to win pots, you can play and bet every hand, win some of them, and become the world champion of winning pots. But if your object is to make the right decisions, you can be a champion poker player.†– Mike Caro
• George Epstein gives speeches and poker lessons to seniors to sharpen their minds, leading to better overall health and quality of life.
• Lou Krieger gave top-notch poker tips. There’s a reason he has authored 11 poker books.
• Stan Sludikoff, long-time publisher of Poker Player Newspaper, has been speaking to Lyle Berman about a poker television channel. Plans are still being formulated but he insists that it will happen.
• Marsha Waggoner gave the best quote from Vince Lombardi: “Show me a good loser, and I’ll show you a loser.â€
• Russell Fox is an expert on taxes as they relate to poker players – amateurs and professionals. He knows his laws and seems to be the tax pro to the poker biz.
• 
John Pappas is extremely dedicated to the PPA. As Executive Director for only a few months, he has recruited numerous members of Congress to sponsor pro-poker legislation. And he bought me lunch.
More…
October 16, 2007
The rumors had merit … there will be no automatic 25 percent withholding on all poker tournament wins over $5,000. The headlines give a little indication on where different operations stand on tournament winners and their ethical obligations to pay the federal government its juice:
CardPlayer: “Tax Law Stopped”
PokerListings: “Tax Code Clarified”
4Flush: “Still Being Worked on”
PokerNews: “Tax Proposal Nixed”
I. Nelson Rose: “IRS Has Changed the Law”
Posted by
DanM at 1:29 am
