RockStar asked:
Online gambling was made illegal in the US a couple of years back but there are a few (mostly Canadian) sites that still accept US players. Even though it is illegal in the US to gamble online, should an individual include those profits on their federal tax return?
I guess my question is: If one reports the income then that individual admits to ‘breaking the law’ but if they don’t then they are breaking the law by withholding taxable income from their tax return.
internet online gambling
Online gambling was made illegal in the US a couple of years back but there are a few (mostly Canadian) sites that still accept US players. Even though it is illegal in the US to gamble online, should an individual include those profits on their federal tax return?
I guess my question is: If one reports the income then that individual admits to ‘breaking the law’ but if they don’t then they are breaking the law by withholding taxable income from their tax return.
internet online gambling
Posted by admin in Other - Business & Finance
2009
Feb 19
GameMaster asked:
If I were to create a website that sold items in the style of gambling, do you think this would be illegal? I don’t see how there could be any laws online since the website isn’t only one country.
best online gambling
If I were to create a website that sold items in the style of gambling, do you think this would be illegal? I don’t see how there could be any laws online since the website isn’t only one country.
best online gambling
Posted by admin in Law & Ethics
2009
Feb 16
Critical Condition asked:
Members of congress are looking at allowing online gambling again, stating that banning net gambling damaged U.S.-European Union trade ties.
Members of congress are looking at allowing online gambling again, stating that banning net gambling damaged U.S.-European Union trade ties.
My feeling is that if Gambling is allowed in person, I don’t see what the problem is on the net.
What do you think? Should the ban be uplifted?
online gambling site
Posted by admin in Law & Ethics
2009
Feb 15
Discipulo legis, quis cogitat? asked:
From what I understand, online gambling is already illegal but impossible to enforce. What will happen when it becomes illegal for American banks and credit cards to transfer money to gambling websites? And also, do online betters report their earnings on their taxes? Has anyone who has made money with online gambling gone to prison for income tax evasion?
online gambling bonus
From what I understand, online gambling is already illegal but impossible to enforce. What will happen when it becomes illegal for American banks and credit cards to transfer money to gambling websites? And also, do online betters report their earnings on their taxes? Has anyone who has made money with online gambling gone to prison for income tax evasion?
online gambling bonus
2009
Feb 13
MenaceD asked:
Help, I understand that the law that stops american banking and credit card institutions from sending money to off shore online gambling companies will be signed this weekend.. I have emptied my accounts to avoid any trouble getting it out later if there is any trouble .. But I also wanted to get the facts straight about this law and see if there are any options to get my football gambling back in action.
online gambling sites
Help, I understand that the law that stops american banking and credit card institutions from sending money to off shore online gambling companies will be signed this weekend.. I have emptied my accounts to avoid any trouble getting it out later if there is any trouble .. But I also wanted to get the facts straight about this law and see if there are any options to get my football gambling back in action.
online gambling sites
