[vpFREE] Re: Best Randomness Analogy Contest

Good question. Well they essentially said you can no longer hire team players as independent contractors. If you want someone to watch your machine for you while you go to the bathroom, you have to claim them as a full-time employee and pay FICA and SS, etc...

You won't find it in any tax code. The strong-arming was done in person. We said, "This ruling has no basis in law". They said, "So take us to court. We'll make your life so miserable it won't matter if you win or lose".

We decided it was a losing battle.

It is ironic that casinos continued to scale back Progressives after all the teams had shut down, not realizing that the horse had not only left the barn, it had run the derby, won, and been put out to stud.

~FK

--- In vpFREE@yahoogroups.com, Robert Romanyshyn <bobfpdw@...> wrote:
>
> Frank ......  Just curious. What were the tax law changes?  How can the IRS pressure - by forcing the winner to report the whole 1099 vs split among team members?
>
> >--- On Tue, 1/18/11, Frank <frank@...> wrote:
>
>  
>
>
>
> >The large teams got pushed out of business by pressure from the IRS, and >changes in tax laws. ~FK
>
>
>
>
>
>
>
>
>
>
>
> [Non-text portions of this message have been removed]
>

------------------------------------

vpFREE Links: http://members.cox.net/vpfree/Links.htm

Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/vpFREE/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/vpFREE/join
(Yahoo! ID required)

<*> To change settings via email:
vpFREE-digest@yahoogroups.com
vpFREE-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
vpFREE-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/