2012 Nov 13

It’s been over a year-and-a half since Two Plus Two has published a new book, but that will soon change. Our next book, Further Limit Hold ‘em; Exploring the Model Poker Game by Philip Newall should be available by the middle of December. For those of you who read Philip’s previous book, The Intelligent Poker Player, this one picks up where that one left off with more advanced information for limit hold ‘em players. Current status is that the manuscript is finished and type-set and will soon be heading to our index builder, so we’re right on schedule for the December publication.

I’m also going to announce what will probably be our next book. It’s tentatively titled Applications of No Limit Hold ‘em; A Guide to Understanding Theoretically Sound Poker, and the author is Mathew Janda. We don’t have a projected publication date but initial editing work has begun on the first part of the manuscript while Matt is finishing up the final sections. As the title says, this is an all encompassing work on no-limit hold ‘em and we at 2+2 believe it will become absolutely must reading for all serious players.

Also, I’ve been informed that work is continuing on the next Harrington book which is being targeted towards tournaments. Dan and Bill tell me they are working away, and I’ll keep everyone informed as to when this text might become available.

Speaking of our books, we ran a cover contest for Further Limit Hold ‘em in our Books and Publications Forum which is located here.

Many of the covers submitted are simply fantastic, and our current plan is to pick up a number of these covers for use on some of our future books as well as the one for which the contest was intended for. Also, at the time of this writing, the contest is still on-going, but we expect to announce the winners in early November.

At the time of this writing, Hurricane Sandy is just beginning to hit the East Coast of the United States. I know that many of the readers and participants of our forums are located in this area, so we at 2+2 wish everyone affected by Sandy the best in not only making it through the storm, but in the cleanup and other problems that should follow.

By the way, I have first hand experience in dealing with Hurricanes. When I was a kid, Hurricane Cleo was a direct hit where I lived in South Florida. In fact, the Miami Herald, described by home town of Coral Gables as looking “more like a war zone,” so to this day my memories are very vivid. So again, if you live in the area where this storm hit, be careful for many days since the aftermath of a storm like this can also be severe.

2011 Feb 28


Sun, 03/20/2011 – 18:57 – PokerPages Staff

Professional poker players in the United States can now fully deduct business expenses from their taxes legitimately, even if they have recorded an overall loss.

An article published in the Las Vegas Review Journal earlier this month has confirmed that any individual costs, such as traveling to a casino, can be written off as expenses.

Poker tax expert Ann Margaret Johnston spoke about the ruling in an interview earlier this week.

“This recent ruling is a victory for poker players for a change. This makes it where we can finally treat the expenses by pros as actual write offs even though they may not have income.”

Johnston admitted that there had been confusion in the past regarding the issue.

“No one had any clue what to do in the past. I have always taken those expenses for my clients, feeling I could defend it.”

The change in ruling was prompted by a case involving Robert Mayo that occurred a decade ago.

The Review Journal explains the details of the case which has all but legitimized gambling as a profession.

“As part of his tax return that year, Mayo listed expenses of $10,968, which included automobile expenses for travel to the racetracks and fees for handicapping information.”

“The court ruled those expenses were not a wagering loss, but business expenses that contributed to a net operating loss for the year.”

The ruling, which passed in January, only applies to poker players and gamblers who are deemed to have derived the majority of their income from gambling.

Copyright 2011 @ ChronicPoker.com | PokerBro.com | CardWhores.com


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