Stop just for a moment, to remember Memorial day and why we have this day as a holiday.

Recently the laws in Florida were passed and will change the amount of money a player can "buy in" for a poker game. These laws will go in effect on July 1st 2010.

Remember bigger buy-ins will lead to bigger pay outs. With more money also comes the need to pay the IRS the taxes you owe, if you hit the final table and won.  The example of a possible problem would be, lik Mike Mizrachi just had here.    Paying you taxes on winnings is needed, just as making sure you have deductions to off set the income.

Consult a tax professional to assist you with these questions, but also understand the accountant Mike had might have been a bad choice. Do you homework!

• Use  separate a checking account to pull your bankroll from and you'll still need to show where THAT money came from.

• Set a budget for how much you will spend in tournaments / cash games and stick to it.

• Keep track of travel and milage as expenses. Hotels and food could be considered as expense too as long as it deals with your poker playing business. ( Check with a CPA)

• Partners or backers  that you have an aggreement  weather friends or not, there should a something in writing to  protect the  friendship and business relationship.

• Remeber if you can to get a receipt for you buy-ins at the casinos, it can't hurt.

On a side note here is  a link to an Associated Press story written by Christopher Willis, the poker players are polictical people as you will see.

Jim Karol the mad Mentalist      Jim Karol's page will be at the Sports Zone 84 along with three other comedians performing Thursday, cost is $15.00. There will be a presentation of Poker Training Network before the show.  Jim is a believer of PTN training and is featured on the video that is shown during the ptn business overview.

My PTN Poker Traing site is having some problems loadind in either firefox or explorer, it displays "This account does not exist." .

If you to are having this problem please clear your cache and history. from your browser (s) and it should do the trick.

If you are seeing this site because you you are looking to find what happened to your PTN associate / affiliate page. Please let me know if you got it up and running with a comment.

If you happen to be a prospective customer or MLM business builder and see "This account does not exist." PLEASE e-mail me here

As I understand PTN ( Poker Training Network ) is going to Beta test it's "All in" poker game room for Facebook. This is going to be a major step for this very smart company. Get yourself in front of the wave instead of being behind it.

More about the Game Room later, ther will be a PTN High Roller Event going on Saturday the 1st, in South Florida.

Soon ..... you should be able to get to the game room and play in a top notch online poker room.

Thanks and I look forward to making other people's dreams come true as well as my own.