Florida businessman sued for sports gambling taxes

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  • MinnesotaFats
    SBR Posting Legend
    • 12-18-10
    • 14758

    #1
    Florida businessman sued for sports gambling taxes
    Interesting set up here...

    https://www.naplesnews.com/story/money/business/local/2020/12/07/controversial-naples-business-owner-faces-lawsuit-over-use-contractors-online-sports-gambling-accoun/6464154002/?utm_source=facebook&utm_medium=social&u tm_campaign=keywee-retargeting&gps-source=adkwnnr&utm_content=dolookalikesp orts&kwp_0=1832841&kwp_4=5349009&kwp_1=2 284426&fbclid=IwAR3o3GRoc-VSoUwbxqkcbJbaLZ2n-5ybcrZL1ah_lFKuAgwsSVlmJPbZjPs
  • Otters27
    BARRELED IN @ SBR!
    • 07-14-07
    • 30760

    #2
    Jeez crazy story.

    Fuk the IRS taxing gambling winnings
    Comment
    • MinnesotaFats
      SBR Posting Legend
      • 12-18-10
      • 14758

      #3
      It makes ya nervous gotta wonder how tied in the US books are w IRS
      Comment
      • cincinnatikid513
        SBR Aristocracy
        • 11-23-17
        • 45360

        #4
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82839

          #5
          Comment
          • MinnesotaFats
            SBR Posting Legend
            • 12-18-10
            • 14758

            #6
            Cinci

            Calm your shit

            We should grab some prime at Rosebuds here soon.... HMU
            Comment
            • pavyracer
              SBR Aristocracy
              • 04-12-07
              • 82839

              #7
              Originally posted by MinnesotaFats
              It makes ya nervous gotta wonder how tied in the US books are w IRS
              Did you even read the story? This has nothing to do with IRS. The employee let his boss use his account because the boss got banned and then the employee was left with the tax bill to pay after he got fired. The lawsuit is from the employee to his old boss. IRS is not involved in a lawsuit.
              Comment
              • MinnesotaFats
                SBR Posting Legend
                • 12-18-10
                • 14758

                #8
                Originally posted by pavyracer
                Did you even read the story? This has nothing to do with IRS. The employee let his boss use his account because the boss got banned and then the employee was left with the tax bill to pay after he got fired. The lawsuit is from the employee to his old boss. IRS is not involved in a lawsuit.
                Right

                But I never got a tax bill from BetUS when I cashed out $××,××× in 2016 or Bookmaker in 2018
                Comment
                • pavyracer
                  SBR Aristocracy
                  • 04-12-07
                  • 82839

                  #9
                  Originally posted by MinnesotaFats
                  Right

                  But I never got a tax bill from BetUS when I cashed out $××,××× in 2016 or Bookmaker in 2018
                  This is Draftkings. A US based book. And the boss was betting $100,000's or more. If you bet $100 at BetUS (offshore book) you don't get a taxbill. It's offshore. They don't give a fukk about taxes.
                  Comment
                  • MinnesotaFats
                    SBR Posting Legend
                    • 12-18-10
                    • 14758

                    #10
                    Originally posted by pavyracer
                    This is Draftkings. A US based book. And the boss was betting $100,000's or more. If you bet $100 at BetUS (offshore book) you don't get a taxbill. It's offshore. They don't give a fukk about taxes.
                    Right

                    So, as a service to SBR, take this story and run w it. It's an advertisement for off shore
                    Comment
                    • cincinnatikid513
                      SBR Aristocracy
                      • 11-23-17
                      • 45360

                      #11
                      Originally posted by MinnesotaFats
                      Cinci

                      Calm your shit

                      We should grab some prime at Rosebuds here soon.... HMU
                      just let me know when boss
                      Comment
                      • TheMoneyShot
                        BARRELED IN @ SBR!
                        • 02-14-07
                        • 28672

                        #12
                        Originally posted by MinnesotaFats
                        It makes ya nervous gotta wonder how tied in the US books are w IRS
                        Bump this thread in February 2021... I want to see if DraftKings... FanDuel send out 1099-MISC. I have a feeling they will. That's why when the USA regulated it... people weren't that smart to sign up.
                        Comment
                        • Fishhead
                          SBR Aristocracy
                          • 08-11-05
                          • 40179

                          #13
                          Originally posted by TheMoneyShot
                          Bump this thread in February 2021... I want to see if DraftKings... FanDuel send out 1099-MISC. I have a feeling they will. That's why when the USA regulated it... people weren't that smart to sign up.
                          Another reason why JJGOLD promotes offshore and bitcoin and credit shops and Vegas.

                          JJ continues to impress
                          Comment
                          • louisvillekid
                            SBR Hall of Famer
                            • 08-14-07
                            • 9262

                            #14
                            Wow! An accountant "allegedly" said he'd be on the hook for about 93k in taxes for 216k in winnings.

                            This part right here. Dude knew he was being shady. Trying be sly and "Whoa, what? Me? What I do? He said stop using his bank account, so I did. But he didn't specifically state NOT to use his identity."
                            ["When asked to do so, Veneziano said he stopped using Moste's bank account for the bets. At the time, he said, Moste never asked him to quit using his identity on the website, so he continued doing it."
                            Comment
                            • Fishhead
                              SBR Aristocracy
                              • 08-11-05
                              • 40179

                              #15
                              Originally posted by louisvillekid
                              Wow! An accountant "allegedly" said he'd be on the hook for about 93k in taxes for 216k in winnings.

                              This part right here. Dude knew he was being shady. Trying be sly and "Whoa, what? Me? What I do? He said stop using his bank account, so I did. But he didn't specifically state NOT to use his identity."
                              ["When asked to do so, Veneziano said he stopped using Moste's bank account for the bets. At the time, he said, Moste never asked him to quit using his identity on the website, so he continued doing it."
                              Easy write-off with other gambling losses if he or accountant has a clue
                              Comment
                              • cincinnatikid513
                                SBR Aristocracy
                                • 11-23-17
                                • 45360

                                #16
                                moral of story do not let someone else use ur draftkings account
                                Comment
                                • pilebuck13
                                  SBR Posting Legend
                                  • 05-15-15
                                  • 17918

                                  #17
                                  I have been saying this for years why should we be taxed on gambling winnings when we are at a literal extreme mathematical disadvantage from the beginning? Makes zero sense
                                  Comment
                                  • Fishhead
                                    SBR Aristocracy
                                    • 08-11-05
                                    • 40179

                                    #18
                                    Originally posted by cincinnatikid513
                                    morall of story do not let someone else use ur draftkings account
                                    This
                                    END THREAD
                                    Comment
                                    • Fishhead
                                      SBR Aristocracy
                                      • 08-11-05
                                      • 40179

                                      #19
                                      Originally posted by pilebuck13
                                      I have been saying this for years why should we be taxed on gambling winnings when we are at a literal extreme mathematical disadvantage from the beginning? Makes zero sense
                                      lol, most are, some not.
                                      Comment
                                      • Chi_archie
                                        SBR Aristocracy
                                        • 07-22-08
                                        • 63172

                                        #20
                                        Originally posted by pilebuck13
                                        I have been saying this for years why should we be taxed on gambling winnings when we are at a literal extreme mathematical disadvantage from the beginning? Makes zero sense

                                        not extreme

                                        extreme would be growing up low or middle class and as an adult becoming successful and making over 10 million a year.

                                        but many people are smart, work hard, and catch a break here or there and do just that.

                                        they really beat the odds.

                                        you still gotta pay taxes on what you make, even when you beat the odds to do it.
                                        Comment
                                        • pilebuck13
                                          SBR Posting Legend
                                          • 05-15-15
                                          • 17918

                                          #21
                                          Let’s make it simple for everyone: sports book to bread wallet. Bread wallet to precious medals, precious medals to shop that pays near spot no questions asked. Don’t deal w banks or coinbase can I spell it out any easier
                                          Comment
                                          • Chi_archie
                                            SBR Aristocracy
                                            • 07-22-08
                                            • 63172

                                            #22
                                            medals?

                                            like olympic medals?
                                            Comment
                                            • Fishhead
                                              SBR Aristocracy
                                              • 08-11-05
                                              • 40179

                                              #23
                                              Originally posted by pilebuck13
                                              let’s make it simple for everyone: Sports book to bread wallet. Bread wallet to precious medals, precious medals to shop that pays near spot no questions asked. don’t deal w banks or coinbase can i spell it out any easier
                                              this
                                              Comment
                                              • pilebuck13
                                                SBR Posting Legend
                                                • 05-15-15
                                                • 17918

                                                #24
                                                Originally posted by Chi_archie
                                                medals?

                                                like olympic medals?
                                                Gold silver
                                                Comment
                                                • pilebuck13
                                                  SBR Posting Legend
                                                  • 05-15-15
                                                  • 17918

                                                  #25
                                                  Leave the banks alone mother fukers want you to fill out a 10-99 for Fukin 11k actually had to fill one out for 5k and had bank manager from Ohio of key bank bust my balls asking if I was a fukin foreign king or some shit
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #26
                                                    Play offshore
                                                    Comment
                                                    • Fishhead
                                                      SBR Aristocracy
                                                      • 08-11-05
                                                      • 40179

                                                      #27
                                                      Originally posted by jjgold
                                                      Play offshore
                                                      Comment
                                                      • pilebuck13
                                                        SBR Posting Legend
                                                        • 05-15-15
                                                        • 17918

                                                        #28
                                                        I’ll just keep quiet anyone who has had to deal with enough money knows the headaches and has hopefully found a way around them
                                                        Comment
                                                        • clockwise1965
                                                          SBR Hall of Famer
                                                          • 10-01-13
                                                          • 6753

                                                          #29
                                                          Originally posted by TheMoneyShot
                                                          Bump this thread in February 2021... I want to see if DraftKings... FanDuel send out 1099-MISC. I have a feeling they will. That's why when the USA regulated it... people weren't that smart to sign up.
                                                          You will get a 1099. You can count on it.
                                                          Comment
                                                          • swordsandtequila
                                                            SBR Hall of Famer
                                                            • 02-23-12
                                                            • 9757

                                                            #30
                                                            Originally posted by Chi_archie
                                                            medals?

                                                            like olympic medals?
                                                            Originally posted by pilebuck13
                                                            Gold silver
                                                            So no bronze. Gotcha
                                                            Comment
                                                            • Sam Odom
                                                              SBR Aristocracy
                                                              • 10-30-05
                                                              • 58063

                                                              #31
                                                              sorta like bobbyfk and Brock Landers fiasco
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388179

                                                                #32
                                                                play offshore
                                                                Comment
                                                                • Fishhead
                                                                  SBR Aristocracy
                                                                  • 08-11-05
                                                                  • 40179

                                                                  #33
                                                                  Originally posted by Sam Odom
                                                                  sorta like bobbyfk and Brock Landers fiasco
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388179

                                                                    #34
                                                                    Use
                                                                    Middlemen
                                                                    Comment
                                                                    • pavyracer
                                                                      SBR Aristocracy
                                                                      • 04-12-07
                                                                      • 82839

                                                                      #35
                                                                      Originally posted by jjgold
                                                                      Use
                                                                      Middlemen
                                                                      Who do you use as middle man JJ? PM me contat info. I want to be successful like you.
                                                                      Comment
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