| http://www.casinobuzz.com Casinos and other poker tournament sponsors will be required to report most payouts to winners and the Internal Revenue Service next year.
Some casinos and players have questioned whether sponsors who hold money for participants in a poker tournament are required to report the winnings to the IRS and withhold tax on the winnings.
The new requirement, which goes into effect March 4, 2008, is designed to clarify tax-reporting rules for poker tournaments.
For tournaments ... |