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Stump
No one runs worse
Age: 40
Joined: 15 Jun 2005
Posts: 1340
Location: Sugar Land
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 Posted: Tue Dec 23, 2008 1:58 am Post subject: Bankroll Tracking Software?
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I know there is PokerCharts - I'm a member - & a few other programs that help track your bankroll, but is there any software that you can track things like expenses, hotels, milage, and so-forth? Reason being, fuck the job market. Starting January 1 I'm filing myself as a professional poker player & need to find a way to track all my expenses & such. Would anything like Quicken - or whatever - work?
Click? Randers? Anyone? Thanks for your help.
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xmorbidx5
Age: 32
Joined: 08 Jul 2005
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Location: NorthWest
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D Train
Get Ya Some
Age: 35
Joined: 13 Jun 2005
Posts: 2522
Location: Newport Beach
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| Posted: Wed Dec 24, 2008 1:36 pm Post subject:
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| xmorbidx5 wrote: | | excell spreedsheet |
word
I have my old excels dating back to 2004
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Osaka
Sake and Lime
Age: 33
Joined: 03 Jun 2005
Posts: 2671
Location: League City
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| Posted: Wed Dec 24, 2008 4:59 pm Post subject:
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Even if you're one in a million, there's still more than 8 of you in New York City alone.
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ClickMonkey
I <3 LALA!
Joined: 03 Jun 2005
Posts: 1464
Location: Jupiter Island, Florida
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| Posted: Thu Dec 25, 2008 11:49 pm Post subject:
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I used Quickbooks way back in the day of easy poker money online. That was just what the accountant I used suggested. You could probably to the same thing with a Excel spreadsheet or a ledger to keep a log.
Filing as a pro gambler though is really wack honestly, if I did it all over I would get some really lame super part-time job as a potential cover to fade alot of the tax bullshit. When you file straight up you are supposed to pay tax quarterly at a quite stiff rate.
The other thing is if at all possible when you play live grab tourney entry tickets/reciepts/sportsbook tickets, anything that shows you spent money on plying your trade as proof.
I know a guy who registered a LLC as well and was able to get a accountant to work the system in his favor come tax time.
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