As the crisp New Hampshire fall approaches, bringing with it football season and weekend casino trips, there’s a new tax rule on the horizon that might change how you think about your next bet.
The gambling world is on tilt this week after an updated section of the Senate's 940-page version of the bill limited the amount of money that gamblers can deduct from their winnings to a maximum of ...
Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...
The sweeping One Big Beautiful Bill (OBBB) signed into law this year altered two key components of the gambling-related tax code. Key Takeaways The IRS confirmed the slot-win reporting threshold will ...
High-stakes gamblers took a loss on Capitol Hill when the bid in the House of Representatives to fully restore the federal tax deduction for gambling losses failed. That development left in place a ...
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